Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Thomas Patrick Reddy

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

It seems to me both illegal and immoral for a financial advisor to give
wrong or questionable advice to someone who is making an investment!
We work hard to 'live' on SS income.  We have some savings but cannot
afford to lose a single dollar of that due to someone with a criminal
mind who decides it is more important to build up his/her portfolio
than be honest and take good care of ours!

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. Thomas Patrick Reddy