Subject: File No.
From: Brandon Ten Brink

October 27, 2010

I support the new SEC rule 12b-2, which would continue the 25 basis point fee that is used to ensure investors recieve ongoing service and advice, and the SEC's proposed use of the terms "marketing and service fee's" and "ongoing sales charge" in place of "12b-1 fee's" to imporve transparency in disclosure documents. However I strongly object to the SEC permitting mutual funds to issue a new class of shares at net asset value that would allow broker-dealers to set their own sales charge and commission amounts. Competition based on price and cost sounds good but will come at the expense of the needed advice and service for the middle market investors.