Subject: File No. 4-606
From: Ike S. Trotter
Affiliation: active volunteer with the National Association of Insurance and Financial Advisors

August 26, 2010

I would like to express my opposition to the proposed enactment of regulations concerning the governing of broker-dealers and investment advisors or what is otherwise known as the "Fiduciary Standard" rule.

While no system is perfect, this proposed regulation does nothing that I can see to improve the environment for proper and ethical conduct by representatives. Instead, it will create more regulation, more time consuming paperwork and, in the end, will result in more cost to the end user the consumer.

I would like to go on record as AGAINST the proposed "Fiduciary Standard" rules in their current form right now.