Subject: File No. 265-25-02
From: Steven K. McGinnis
Affiliation: Loring Ward Group, Inc.

September 30, 2009

I was surprised that no members of the committee represented the majority of small broker-dealers or investment advisors. Are there any plans to represent this majority of the each group?

Steven K. McGinnis
General Counsel
Loring Ward Group, Inc.
3055 Olin Avenue, Suite 2000
San Jose, CA 95128