Subject: File No. S7-09-09
From: Bobby Cummings, CFP, CFBS, CLTC
Affiliation: Lighthouse Financial of Charleston

June 30, 2009

I am a long standing member of the FPA and I am opposed to the proposed new rule. Investors must be protected but it is not fair to impose new rules and the expenses to comply with the rules to all advisors due to a few bad people.

Thanks you