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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Too many older Americans sacrifice retirement savings due to the ethics
of investment advisors. The needs to be a fiduciary duty for such
advisors. Selling to maximize the advisor's income is unconscionable.
The investor's need must be of primary concern.

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. Reed Pomeroy