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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Every financial advisor should be required to act as a fiduciary in all
transactions.  Wall Street has been stealing billions of dollars from
Americans and getting away with it under "suitability" standards.

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. Mike Garcia