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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Millions of Americans like me are counting on our IRAs, 401(k)s and
other retirement accounts for a secure financial future  and we've
worked hard to build and grow our savings.

My husband and I rely on the advise of our financial advisor to manage
and invest our savings in the best way to grow our retirement savings.
While we watch the stock market reports on TV and follow the financial
stories on AARP newsletters, we really rely on our financial advisor
for OUR accounts.

We should be able to trust our financial advisors to put our interests
first, but loopholes in the current law make it easy for advisors to
take advantage of hard-working citizens and make money for themselves
by charging hidden fees and making investments that will make THEM
money, rather than US.

Please close this loophole and ensure a higher standard than the
currently proposed rule.

Hold anyone who gives financial advice accountable for helping American
citizens like me and my husband choose the best investments for us and
our future.

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.


Mrs. Suzanne Chase