Subject: File No. 4-606
From: Jerri W Batts
Affiliation: Financial Consultant, AXA Advisors, LLC

August 24, 2010

We are regulated enough Because of many that are NOT doing the right thing by their clients, you are trying to punish those of us that do the RIGHT THING, EVERY TIME for our clients I hold license of 7, 66, life health and LTC, I attend Wharton College every year for certification renewal of retirement specialist and take over 50 hours of CE each year...all at my time and my own costs...just to make sure I am doing my best to take care of my clients. I am audited 2-3 times yearly, which is good for me and my clients. There is already so much everyday that must be done and sent in to meet compliance issues with our company, constant Firm Elements and classes required every year, meetings of required attendance...and it goes on People need to take some responsibility for themselves and their futures and work with reputable trusted advisors. If you go to fee only..there will people who should..but would not due to not able to afford up front fees...and many just because they think they do not have "Estate Issues" so would not be willing to meet and work in a trusted relationship. If there are "bad advisors and broker-dealers out there..if they want to remain"bad"..they will For those of us who are doing the right thing are just causing us more money, time and and efforts to convience you...that we are spending less time taking care of our clients..which is what we should be doing..and they want us to do