Subject: File No. S7-09-09
From: Scott A McCord
Affiliation: Owner, Financial Planning Services

July 1, 2009

This legislation will increase the cost of doing business for small business owners which will engender two possible scenarios: 1) Increasing the cost to the client or future clients or 2) driving the small business owner out of business. In order for business to survive they must maintain and or control the cost of doing business. This continued path of legislation is only hindering the prosperity and success of hard working small business owners across the Nation. More importantly, our clients are starving for sound, competent, honest advice from credible trustworthy advisors like us. Leaders breath life into people, this legislation sucks the life out of them through unnecessary legislation.