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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Older AMERICANS are having their savings and investments assaulted
every day by unscrupulous advisors who give us bad advice and pad their
own pockets with our money.  We earned our money the hard way - by
working every day, even when we were sick.  We paid money to the
federal pension plan and medical plan, expecting to see a return when
we reached old age.  We are now finding out that the very people we
expect to protect our hard-earned investments are actually trying to
take them away from us.

We should be able to trust the people who give us financial advice.
But there are loopholes in the current law that make it easy for
financial advisors to bilk us out of our hard-earned money

You can make this right.  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.


Ms. Ann Purvis