Subject: File No. 4-606
From: Rodney I Berger
Affiliation: Insurance Agent, Berger Benefit Connections

July 30, 2010

A fiduciary standard seems unnecessary for Insurance and other financial providers. Many of these providers have safe guards in place to prevent such matters from occurring. It may be impossible for a representative to offer the best possible product to a client even though they are acting in their best interest. I fear that a fiduciary standard would allow for more lawsuits and burden the industry with political and legal red tape. Forms and policies may make it only more confusing and harder for the client to get adequate service. The standard may harm the people it is set out to protect.