Subject: File No. 4-606
From: Richard J Zeitler

August 24, 2010

Submitting reg. reps to this "new" fiduciary standard will not be in the best interest of the public. Broker dealers and registered reps already are heavily monitored and supervised enough. This additional effort will raise client costs, increase lawsuits due to vagueness of definitions and keep people from getting great advice for a low cost.

This is bad . I am a client. Don't do this to me.