Subject: File No. 4-606
From: Sandra Reiseman
Affiliation: Reg. Rep.

August 24, 2010

We are subject to enough regulation in the industry as it is. If we do the proper suitability in the beginning of the relationship with the client as required by our B/D, that should be sufficient to recommend investments that would be needed. Our compliance officers are now supposed to check every investment before submitted to the companies. How much more responsibility does the agent have to take?