Subject: File No. 265-26
From: Robert Davee

August 30, 2010

Yes there should be a set of guide lines for each of these people .
the term "investment advisers" is nothing but a smoke screen for a sales person to sell you Annuitys.
We lost $70,000, and he got a great big fat commission for selling me and the wife an annuity.
An Investment advisers should not be SELLING ANY THING.
Robert Davee