Subject: File No. 4-606
From: Steve Aycock, CFP
Affiliation: Financial Planner- Aycock Financial Group

August 24, 2010

This proposal is well intended, but I'm affraid it could lead to even more "red tape". The consumers will be protected by simply enforcing current laws. Our compliance cost are already too high and I cant imagine dedicating even more time and resources to non-income-producing activities.