Subject: File No. 4-606
From: Stephen M Grey
Affiliation: CLU, ChFC

August 11, 2010

Another waste of time and resorces. . This is a compliance issue and the industry is sufficiently regulated NAIFA and FINRA. An increase of regulation will eventually be paid for by consumers. They will pay more in up-front fees which may deter planning at all - generally not a good thing .
This is a poor choice please do not approved this,