Subject: File No. 4-606

August 26, 2010

I do not approve with the government getting involved in the matter regarding advice to clients. I believe that we are tightly regulated and overly regulated in many areas. The issue regarding advice is primarily being pushed by ceratin groups in order to push their agenda and bring business to them just beacuase you are a member of that association. There are a lot of investment professionals with excellent ethics and they should not be penalized because members of other associations want to streamline clients to "their" members just because of their affiliation. These individuals are no better than others in our industry.
We are all being held accountable- why add more regulation just to benefit certain groups. That is what this is about.