Subject: File No. 4-606
From: Robert A. DiCola, CLU, ChFC
Affiliation: National Association of Insurance Financial Advisors, Society of Financial Services Profiessionals

July 30, 2010

I am much concerned about the possibility of additional fiduciary responsibilities to be required of financial professionals. We are now a profession over regulated. There are plenty of laws holding financial professionals responsible for conducting business in an appropriate manner. Additional fiduciary responsibilities will only complicate the business process and our ability to serve our clients. Burdonsome regulations have already impacted professionals such as my self and has created time consuming compliance and regulatory requirements. More regulations will over time reduce the number of people in my profession or eventually eliminate the small community opperations that are valuable to the consumer.