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

Jun. 21, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

A loophole in the rules makes it legal for some financial advisers to
give you bad advice that pads their own bank accounts at your expense.

It's an abusive tactic that costs Americans billions.

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.


Ms. Diane Nowak