Subject: File No. 4-606
From: Wayne D Schmidt
Affiliation: Financial Advisor Advantage Network Fin. Serv. LLC

August 20, 2010

I give professional advice to my clients and always tell them that the investments in stock and mutual fund are never guaranteed.We are having clients sign more legal paper work than ever to protect the clients and the agents. It seems thst you would like us to discontinue our practice,s and let the banks just offer CD's from now on. We are so regulated already that the sec and it's over sight boards can,t inforce all the laws on the books today. It would be nice if the sec could just do there job currently of inforcing laws that we have today.