Subject: File No. 4-606
From: David C Smith

August 17, 2010

I have been working in the financial service industry for over 25 years with the retail clients, and they do not see any difference between Investment advisors, Insurance agents, or broker/dealers. The consumer see no difference in the person giving advise or selling a product, and for that reason they should have to follow the same rules, as they are often selling the products or at least that is the feeling of the consumer.

David C Smith, CFP
Financial Network
3389 Crater Lake Hwy. , Suite B
Medford, OR 97504
(541) 779-5633