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

Jun. 22, 2018

Jun 22, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I was a victim once already back in the 1990s and lost about 80% of my
savings when the "advisor" who was recommending
"Bonds"  failed to tell me that they were Mexican bonds being
sold to prop up that failing economy. Yes I was younger and dumber then
but I had been pointed in the direction of the bonds by my sister and
brother-in-law who were "best friends" with this broker who
assured them that this was a situation "too good to pass up".
Needless to say they lost a slew of money themselves.

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.


Ms. Nancy Howard