Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Carol Kiefer-Wilson
Affiliation:

Jun. 22, 2018

Jun 22, 2018

Securities and Exchange Commission

To the and Exchange Commission,

My husband and I ( 74 and 70)  have worked since high school, saved for
our children's education, and over the years took advantage of company
401k plans, purchased CDs and bonds,lived within our means and thought
we would be fine.
With the current state of Connecticut's taxes and cost of living we
fear we will outlive our savings. We need to be assured that our
financial professionals/advisers are investing in our best interest.
How can we even be sure?  AT least do what you can do to protect our
little nest egg.  You folks at the SEC are in a position to do just
that.

I'm counting on you to make a stronger rule that WILL CLOSE THE
LOOPHOLE.   Americans who've worked hard to save for retirement deserve
peace of mind about their financial security.

Sincerely,
Carol Kiefer-Wilson and Geoffrey Wilson