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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

As a retiree my wife and I depend on what monies I have been able to
save and hold for emergencies.  We currently exist on our Military
Retirement (Enlisted) and our Social Security. The prospect of loosing
what little money power we have scares us to death. Shut down this
loophole. As a senior it seems that we are under attack by our
political "representatives", the last thing we need is our
financial representatives taking advantage of us and making money on
more of our losses.

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. James Woodruff