Subject: File No. S7-14-08
From: Steven V Wise, MBA
Affiliation: CEO Beacon Associates

November 17, 2008

I STRONGLY URGE YOU REJECT THIS PROPOSAL. THE VAST MAJORITY OF AGENTS AND OR REPRESENTATIVE WORK EXTREMELY HARD TO INSURE THE SUITABLITY OF EACH PROUDCT SOLD. FURTHER REQULATION WILL NOT ENHANCE ONLY HINDER THE FAIR TREATMENT AND HELP WE GIVE TO OUR CLIENTS. THIS IS SIMPLY AN ATTEMPT BY REGISTERED REP.TO PROTECT THEIR MARKET SHARE AND NOT IN THE BEST INTEREST OF THE CLIENT.