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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

As a recently retired blue collar worker I am counting on the modest
investment of savings I set aside over the last 30 years to supplement
my fixed pension income. Your agency is charged with effective
regulation of Wall Street's market professionals to insure against
corrupt practices & cheaters. And, while I am well aware that my
investments involve real risks, I am not in any position to ensure the
integrity of the brokerage professionals who manage my funds. That is
specifically YOUR responsibility to me as a taxpayer.

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. K Hauer