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

Jun. 23, 2018

Jun 23, 2018

Securities and Exchange Commission

To the and Exchange Commission,

The majority of seniors, including myself, have worked hard their
entire life. It shouldn't be legal for for bad financial advisers to
pad their own pockets and put people who depend on the income at
retirement into funds that cost more money.

I encourage you to close the 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.

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. Jane Snyder