Subject: File No. 4-619
From: Terrence K. Lapan, AAMS

August 14, 2012

Dear Chairman Schapiro,

The 3 SEC proposals for changes in money market funds are very dangerous to investors and investment advisors. Crippling the money market funds is not what the public wants. Please reconsider and create new solutions to stabilize money market funds.

Thank You,

Terrence K. Lapan, AAMS
Financial Advisor