Subject: File No. 4-606
From: Paul Westhoven CASL CLU ChFC LUTCF
Affiliation: NAIFA

August 24, 2010

Stop the regulation mindset madness.
More rules and forms and lawsuits are more straws on the camel's back.
The financial services systems will be papered to death. What benefit is that to anyone?
Who will write the insurance to protect families when the application continues to expand to encyclopedic proportions?
Who will sell investments when the paperwork towers higher than any possible returns?
We advisors are already tested, licensed, reviewed. We must file forms and interface with compliance personnel on a variety of corporate and governmental levels.
More of this and there will be no time to serve people, just the system.
Keep the system people oriented, not paper bound. Punish the bad guys. Let good advisors do help the public without being crippled by more regulations.