Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Sheffield Bailey
Affiliation:

Jun. 21, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

To legalize a conflict of interest that enables financial advisors to
legally "rob" money from their clients flies in the face of
almost all professional ethical guidelines.  This fraudulent behavior
needs to be stopped and those who prey on others need to be legally
accountable.

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.

Sincerely,

Mr. Sheffield Bailey