Subject: File No. 4-606
From: Paula Rosa

August 11, 2010

I believe that my financial advisor is already well-regulated and is doing a very good job. I do not believe that additional regulation is necessary. Making an advisor a fiduciary will result in additional lawsuits, and it won't enhance anything he does for me.

I would anticipate that costs will be driven upwards and reduce my long-term rate of return, therefore I am totally opposed.

Thank you for your consideration.