Subject: Negotiable 12 B1 fees

October 27, 2010

Dear Elizabeth Murphy,

I want to let you know that I think that having negotiable 12 B-1 fees will add to more confusion and work for the representative and consumer.

Negotiating 12B1 fees will lead representatives to concentrating on larger investors that have more funds and dollars to manage to better compensate the representative. I really think the small and middle investors will lose valuable service and personal time from representatives by making this change.

Thank you for your consideration on this matter.

Edward Van Hal