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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

My retirement portfolio is in the care of a financial advisor who I
trust to provide me with the guidance and honesty I need to manage it
throughout my retirement years.  She also informs me when funds she
recommends happen to benefit her branch's parent company.  For this
service I pay a fair fee, with the understanding that my FA continues
to operate in my best interest.

Many aren't as fortunate.  Worse, they attempt to self-manage their
portfolios out of well-deserved distrust of financial advisors.

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.


Mr. Chris Bevers