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

Jun. 21, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

It seems to me that the SEC should be watching out for the average
citizen as well as investment advisors. When my parents and
grandparents retired they had pensions and did not need to worry about
financial investments. The government and business decided for us that
we would be better off investing our retirement funds.  Very few
average citizens have enough knowledge and skill to manage their funds
without professional assistance.

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.


Mrs. Mary Davis