Subject: File No. 4-606
From: Scott R Lebin
Affiliation: President, Managed Economics for Doctors, Inc.

August 6, 2010

The cost and time of our compliance is extreme and we are very well regulated through continued audit and compliance reviews. It would be onerous to put additional levels for fiduciary requirements and more regulations as a government requirement on our industry. Most of us take the "client's needs come first approach to planning." It would be a shame to have to put layers of further government regulations for the majority of advisors to try and catch the few who are going to still be dishonest in their dealings with the public. Put more attention to implementation of oversight without more regulations to adhere to.