Subject: File No. 4-606
From: Abigail Hollar
Affiliation: Junior Financial Planner, with Cynthia L. Conger, CPA, PA

August 25, 2010

I strongly support the fiduciary standard for retail clients for three reasons:

1) It will advance the profession, and discriminate between true financial planners and product salespersons.

2) Many retail clients feel that a fiduciary standard exists between themselves and their planner, whether or not it does in fact exist.

3) It will force a greater standard of care and excellence in the industry.

This is a good bill and is highly protective of both the consumer and the industry.

Abigail Hollar