Subject: File No. S7-14-08
From: Rev. Dr. Patrick m barryhill, Rev., Dr., PhD
Affiliation: Minister/ 30-year Financial Professional

September 4, 2008

DON'T DO IT

1) THE INDUSTRY IS SELF-REGULATING BY DOI, COMPANIES, RULES/CURRENT REGULATIONS, JEALOUS BROKERS/BANKERS AND ATTORNEYS ALONG WITH IRATE CLIENTS, THEIR FAMILIES AND THE LAW. DON'T CLUTTER IT UP MORE SEC IS NO MORE MORAL THAN OTHER PEOPLE AND FAR TOO LEGALISTIC. EVERYTHING GETS BOGGED DOWN EVEN MORE THAN IT IS.

2) SEC WILL BE AN ADDED NUISANCE OF INEFFICIENCY AND BUMBLING, UNTRAINED GOVERNMENT WORKERS STUMBLING AROUND TRYING TO JUSTIFY THEIR JOBS BY INVENTING MALFEASANCE AND FELONIES THAT ARE LATER PROVEN TO BE GROUNDLESS AND VAPID, EMPTY OF SUBSTANCE. THE SEC WILL SIMPLY END UP OVER-REGULATING/CHOKING OFF THE SAFETY OF THE PRODUCTS SO VITALLY NEEDED BY CLIENTS SEARHING FOR SAFER INVESTMENTS. IT'S NOT A STOCK/BOND OR RISK INVESTMENT. SEC HAS NO MORE BUSINESS IN INSURANCE THAN IT DOES IT REGULATING THE AIRLINES.

3) IF ANYTHING IS NEEDED, ITS' TO GET THE BROKERAGES OUT OF WAY. WE DON'T NEED TO ADD ANOTHER LINE OF PRODUCTS FOR THEM TO STEAL FROM.

WHO CAME UP WITH THIS IDEA?

STOP SEC NOW

HOPE THIS ANSWERS YOUR QUESTSIONS