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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

its Time to take a stand against financial advisors that are only
interested in lining their pockets not protecting the investors hard
earned savings.  Close the loopholes,  hold the financial advisors
responsible for their actions.  If the investor does not make a profit
then the advisor should not get a commission.

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. Roy Summitt