From: Carl Camillo
Sent: July 9, 2007
Subject: File No. 4-538

There is nothing wrong with mutual funds charging 0.25% to the client and paying the broker that fee to make sure the client is serviced and happy. If the SEC has an issue on disclosure, then fine, have the fund companies illustrate the fee on statements, just as they do the initial sales charge. But to eliminate the fee would cause a situation where both the broker and, more importantly, the client would lose. And this is contrary to what the SEC is trying to do.

12(b)-1s should not be attacked. In fact, they should be applauded.

Carl Camillo
Certified Financial Planner Professional
Registered Employee Benefits Consultant

Plancorp, Inc.
9050 Sweet Valley Drive
Valley View, OH 44125