Subject: File No. 4-606
From: Mark A Peterson

July 30, 2010

I disagree with the proposition to impose a fiduciary standard when dealing with my clients as a registered representative. Adding this additional layer of regulation will add costs and subject me to unending lawsiuts from the SEC and lawyers with 20/20 vision years after the alleged infraction. Is the cheapest always the best? Is the highest rated plan guaranteed to perform better over time? I urge you to retain the suitablity standard for registered representatives.