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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Leave the rules in place to make all brokerage and financial advisors
fiduciary trustees.  If my funds don't make gains, then managers should
not get huge fees!!!  Protect us from the gouge where brokers rake off
fees regardless of losses in portfolio.  OR let us add the fees to
capital losses carryover on IRS schedule D!

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.


Dr. Kathleen Nightengale