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

Jun. 28, 2018

Jun 28, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Financial Advisors need to function as a fiduciary with the individuals
best interest foremost in all their actions and recommendations they
may make. I depend on these individuals to use their expertise to make
recommendations in my own interest.  When you get down to it, if I do
good they will do good as well.  If I do bad, they make do good in the
short term, but not in the long term and will not get additional
business based on my recommendations.  It's too bad Advisors can't
think of this on their own.

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.


Mr. Grover Garber