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

Jun. 22, 2018

Jun 22, 2018

Securities and Exchange Commission

To the and Exchange Commission,

This is a matter of common decency and good sense. A financial advisor
of good character and integrity would advise in his or her clients'
best interests. Unfortunately there are other financial advisors and
financial companies that make their bottom line top priority. You have
a choice to protect older Americans (i.e. your parents/grandparents)
from being taken advantage of. The more the elderly are able to save,
the more they will be able to invest and the less government benefits
they will require. This will provide more money for investment and to
the government to benefit all Americans. Please make the intellegent
and moral choice and make a stronger rule that closes the loophole.


Ms. Renee Daly