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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange 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.  Greed has become rampant in
society and those who have seem to never have enough, including
investment advisors, who should be working for his client. I always ask
my advisor to do for me what he would do for his mother. I'm hoping he
wouldn't cheat his own mother just to pad his wallet. But we  know
there are many unscrupulous advisors who figure older Americans
probably won't live long enough that the hidden fees, bad advise and
low returns won't make any difference.  We of all people need
protection from these predatory bankers and brokers.

Please close the loophole.


Mrs. Janice Rickert