Subject: File No. 4-606
From: Rollin G Radwick

August 9, 2010

This is bad legislation. It does not attack the problem at the source. The individuals selling these producs are already heavily regulated, more regulation at this level will not fix the problem. Additional regulation at the consumer level will increase costs to the consumer, add one more layer of confusion and will in the long run reduce the number of individuals willing to assist the consumer with difficult decisions to make regarding thier investment choices. The result will be to leave millions of Americans without a resource to turn to for help.

Please do not move forward with the fiduciary requiremnt language in this bill. Leave the consumer level regulation as it is.

Thank you,
Rollin Radwick