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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

My wife and I have run a business for 30 years and never would we
consider putting profits over the interest of our customers.  It is BAD
business practice to do so.  In those 30 years we had to advertise very
little because of our reputation for being fair, honest and
customer-centric.  That is the only way to run a profitable business.
Taking advantage of customers through a loop hole is unconscionable.

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. Vincent DeSimone