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

Jul. 09, 2018

Jul 9, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I recently heard a retirement account broker say that his company had
started to enforce compliance with the Fiduciary Rule ahead of the
final date in an effort to be proactive. He said it was costing him
about $1000 a month in commissions. That's money that should have
stayed in retirees nest eggs.

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.


Ms. Sheila Grant