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

Jun. 24, 2018

Jun 24, 2018

Securities and Exchange Commission

To the and Exchange Commission,

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.  All financial advisors must be
held to a promise of putting their clients' financial security above
their own desire for profit.  Every stockbroker or financial advisor
should be satisfied with a reasonable income, not seeking greedily for
increased gain.

My husband and I are now too old to work; all we have is Social
Security, Medicare, and our invested savings.  We depend on our
financial advisor to steer us around the many dangers for invested
funds.  It took me several years, about 10 years ago, to find someone
completely professional, unselfish, and intelligent/well-trained to do
this.

Please do all you can to ensure that every older American has the
financial security, based on his/her own savings, managed by fiduciary
professionals, to live as they deserve.

Thank you,

Sue Allmart

Sincerely,

Mrs. Susan Allmart