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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

There is only one reason all investment advice should not be governed
by the
fiduciary principle--corruption.

Don't be corrupt. Establish a strong fiduciary rule with strict and
strong penalties for violation, including suspension and permanent
baring a violator from giving investment advice, liability for lost
money, and attorneys fees for prevailing victims who go to court.

Yes, and prohibition of mandatory arbitration clauses in investment
contracts.

Sincerely,

Mr. Paul Peloquin