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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Older Americans are already the target of many ill-intentioned
services, whose only goal is to take their savings. I personally have
worked hard, and when it came to finding a financial service, I was
concerned if I would be able to find someone trustworthy. I fortunately
did, and will stay with this fine young man. I know he is making money
on my savings, but I believe he is honest and looking out for our best
interests in return. I am one of the lucky ones because he is an
exception to the rule. That said, giving legal clearance to rip off
seniors for their own increased profit, financial advisors are more
likely to do it that other types of senior scams and rip-off schemes.
Seriously? This is what we've come to? It's bad enough that trust is a
rare thing. Please stop financial advisors from sapping American's
retirement savings!!! There are countless reasons to keep Financial
Advisement an honest business.


Mrs. Lorraine Wright