Subject: File No. 4-606
From: Don C Sibold
Affiliation: CLU, ChFC, CLTC, LUTCF

July 30, 2010


The present suitability standard is already adequately enforced How much more time do we have to spend with regulations and compliance cost.

Changing from the present system to a fiduciary standard will not help tghe client because a bad RR will still be bad and a good RR will be good without the change.

Only the RR and client know what is best - outsiders telling what can be done or not done will not help or be in the best interest of the client