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

Jun. 24, 2018

Jun 24, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I believe in the Golden Rule, 'Do unto other's as you would have them
do unto to you'. So if it is legal for Financial Adviser's to lie to
their customers how would they feel if they were the one's being lied
to. I don't understand why other business' are held to a higher
standard such as "Truth in Lending" practices and yet when
someone is seeking advise on how best to fund their retirement,
Financial Advisers are not held to the same standard.  It makes it look
as though the Politicians are getting kick-backs, oh yeah they call it
contributions,  or they would have already addressed this issue for the
sake of themselves and their own families. I would also wonder why SEC
would allow this blatent rule to exist.

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.


Mrs. Loretta Calderon