Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Luis Cancel
Affiliation:

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Although this is the Age of Trump and the Visigoths have taken over
Rome, the SEC has a duty to protect older Americans and our savings.
The SEC should close any and all loopholes that allow sub-par financial
advisors to rake in high fees while having their portfolios
underperform.

Most older Americans don't read or understand the fine print so it is
up to the SEC to protect them.

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.

Sincerely,

Mr. Luis Cancel