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

Jun. 22, 2018

Jun 22, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I'm 64 and retired and expect to live for another 20-30 years. I pay a
percentage of interest on my 403B and IRA to a financial advisor. I
need to count on that advisor to offer me the best options for
long-term growth rather than just focusing on how to grow her
percentage. It appears that there are no incentives or penalties in
pertinent regulations requiring such advisors to place the consumer
first.

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,

Ms. Margery Pinson