Subject: File Number S7-09-09

July 1, 2009

To Whom It May Concern:

I am a member of DC’s local NCA-FPA chapter and my firm is an SEC-registered investment adviser.

I want to state my opposition to the requirement in the proposed amendments to the custody rule that would subject investment advisers to a surprise audit by an accounting firm. Oversight is needed and clients must be protected but this just does not sound like the most efficient way to use what is limited funding for this area. A few items which support this belief are as follows:

I know I am not alone within the RIA community that we want better oversight/enforcement but this means more effective and targeted oversight, not just doing it for headlines. Thanks for taking the time to review my concerns


Best regards,

David Greene

David D. Greene, CFP®
Vice President
CJM Wealth Advisers, Ltd.