Subject: File No. 4-606
From: Gary W Sutton, CPA, CFPr

August 17, 2010

If a stockbroker calls himself, or otherwise holds himself out to be, an "advisor" (rather than a "salesperson", a "representative", etc.), he should be held to a higher level of responsibility than a salesperson or a representative ... as is a Registered Investment Advisor. He should be held to a fiduciary-level of responsibility.