Subject: File No. 4-606
From: William H Kirby
Affiliation: President, Kirby Group, Inc.

July 28, 2010

I believe a quote by William J. Mayo, one of the founders of Mayo Clinic is an excellent starting point, "The best interest of the patient is the only interest to be considered." The statement is simple and expresses the obligation of the professional.

I would modify the statement slightly for Brokers, Dealers, and Investment Advisors to read, "The best interest of the client is the first interest to be considered."