Subject: File No. 4-606
From: Brian D Frederick, CFP

August 17, 2010

-I am in favor of the fiduciary rules being tightened and requiring all investment advisors to put their clients first. This seems like such a no brainer. Suitability is not enough and I feel that most people do put clients interests first, but not all. That needs to be changed and take some of the confusion and mistrust out of the equation.