Subject: File No. S7-14-08
From: Frank R. Urban

July 29, 2008

We have enough new rules and regulations in this industry.Instead of penalizing all for the wrongs of a few, focus on the wrong doers instead of applying restaints on all. Putting the clients goals and aspirations ahead of my own is a measure of character. I have and will always seek only the best solutions for my cients.

Please sincerely consider constraints on the minorities only who put their needs ahead of their clients.

Thank you for your consideration in this extremely important matter.