Subject: File No. 4-619
From: Troy E. Jones, CFP

August 15, 2012

Chairman Schapiro
U.S. Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-1090

Dear Chairman Schapiro:

I am sure that some regulators and politicians might think of the MONEY MARKET issue as being a way to "protect" the little guy. As a 30 year veteran Certified Financial Planner(r) practitioner my experience with regular people is that they can live with a 0% interest rate but NOT a loss of principal value.

If the NAV is allowed to float then MANY regular folks will be scared into investments that might be even riskier OR flee savings vehicles altogether. RIGHT NOW my belief is that people need stability, consistency and time to absorb the many unanticipated shocks in the financial system. NOT more change in such a fundamental holding in literally EVERY account. (our small advisory company has about 2500 client accounts for mostly regular working Oklahomans)

Writing more rules to solve this "issue", in my opinion, will not encourage more people to do the right thing the right way.




Troy E. Jones, CFP