Subject: File No. 4-606
From: Romeo Raabe
Affiliation: I teach insurance classes for Kaplan schools

August 23, 2010

Suitability for the sale of securities requires the matching of expectations and risk profile to investment advice. Nobody can guarantee the future. The suitability standards now in place are ensuring that the agent selling the securities makes sure they are suitable for that particular purchaser. It is far better to have standards requiring proper advice than penalties provided later if the future did not happen the way the purchaser hoped.