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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

The financial industry is sapping Americans from their hard-earned
savings. This is a blatant conflict of interest and once again proves
that there is no confidence in the industry. If you give someone a
chance to cheat, there will be people out there to do so.

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. John Woolcock