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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

We cannot trust financial advisers to think of the people who are
paying them when giving advice.  If anything, our past has shown us
that people dealing with money think of their own interests first.

Almost everyone working or retired, now has a 401(k), and the advisers
must remain tightly regulated to protect our interests.

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.


Dr. Renate Thomas