Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Russell Tokuyama

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

It's much too easy for the average citizen to be misled or guided into
choices that cost them their hard earned money. A financial advisor
must be held accountable for the choices they make the average citizen
go for. My wife has been a victim of this kind of mis-guidance and has
lost money on the initial investment. There are too many subtleties and
details that make the choices very to difficult to understand and
appreciate the consequences of any choice.

I'm counting on you to make a stronger rule that closes the loophole.
Americans who've worked hard to save for retirement deserve peace of
mind about their financial security.


Mr. Russell Tokuyama