Subject: File No. 4-606
From: Robert D Davey, CFP, CLU, ChFC
Affiliation: Financial Advisor, Northwestern Mutual

August 6, 2010

Please do not add another layer of standards and regulations on our work with our clients in financial services.
We have so much paper and process going on now, it is a considerable burden to us and our clients.
A standard of care is already imposed on us which is thorough and time consuming. A Fiduciary standard may make compliance even more comsuming.
I hope you will allow the already considerable regulatory burden to stay without addition.
If you would like to see what you, as a client, have to go through to work with me, I invite you to my office for a 'fact finder'.
Thank you.