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

Jun. 22, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Over the years that my late husband and I were employed, we saved for
our retirement with the advice and help from our financial adviser.  In
our case I believe we were lucky, I hope our adviser has been honest
and earned the fees he charges.  But others aren't so lucky.  I
understand that loopholes in the current law make it easy for many
advisers to take advantage of their trusting clients through hidden
fees and bad advice that only makes money for the advisers instead of
their clients.

Please help close this loophole and ensure a higher standard than the
currently proposed rule. Hold anyone who gives financial advice
genuinely accountable for helping everyday Americans choose the best
investments for us, our families, and our future. We don't need or want
a standard that just makes our brokers and bankers richer.


Ms. Linda Morrow