Subject: File No. 4-606
From: Thomas M Joseph, CLU,ChFC,CASL
Affiliation: Financial Advisor

August 25, 2010

The current suitability standard that we operate under is an extremely robust and heavily enforced standard. Every transaction that I make is reviewed for suitability and being appropriate for the client by my broker dealer. They scrutinize every transaction and I must justify all my recommendations prior to their approval. Adding additional layers of compliance does nothing to protect the customer it only adds to the complexity and confusion. Please just enforce the rules.