Subject: File No. 4-606
From: Kiran Malhotra, Esq

August 29, 2010

1. Brokers and Dealers should be required to post the fact that they are not investment advisors and therefore do not have a legal fiduciary responsibility to the client.

2. Brokers and Dealers should be required to disclose fully the commissions and incentives that they are getting when recommending investment products.