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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

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.

What's wrong with financial advisors being required to put their
clients' needs first when advising clients and to disclose their
financial connections/incentives to the financial products they
recommend?  (I believe that's called fiduciary requirement...)  Such
transparency helps clients decide which financial options are best for

I've been fiscally responsible and saved for my retirement.  I need
tools so I can continue to best manage my money, so I am less likely to
need to rely on outside support in my later years.  Since my parents
lived well into their eighties and nineties, I need my money to last.

Please don't make it harder for me to be fiscally responsible.


Ms. Diane Honda