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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

When Americans hire financial brokers or go to their local bankers and
pay associated brokerage fees for their services, we expect that the
financial brokers and bankers as well as other financial advisors are
representing our individual best interests or the interests that we
express, not theirs. We expect a sound fiduciary relationship to exist
to protect and grow our hard earned assets so that we can provide for
ourselves long after our working days are over.

I'm counting on you to promulgate a stronger rule that closes the
loophole that allows anything other than a strict, accountable,
fiduciary relationship between financial advisors and their clients,
who've worked hard to save for their kids' college education, homes,
and yes, their retirement. You would expect no less, demand no less of
your advisor. Please do not let millions of unsuspecting Americans down
for we hope, we believe you are protecting us.

Sincerely,

Ms. Susan Sullivan