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

Jun. 24, 2018

Jun 24, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Just as doctors take the Hippocratic oath to "...abstain from all
intentional wrong-doing and harm", so too must financial advisors
put the interest of their clients above themselves. Millions depend on
financial advisors to assist them in preparations for retirement. And
in that trusted position, too many financial advisors do not put their
clients' interest first, charging exorbitant fees or pushing
"investments" that line their pockets.

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,

Dr. David Nichols