Subject: File No. 4-606
From: Oliver K. Kneisley
Affiliation: CLU, ChFC

August 24, 2010

After 30 years as a registered rep without a complaint, its hard for me to understand the need for more regulation from the SEC with the resulting clerical overburden it would creat. We go thru annual audits and mandatory company compliance meetings as well as mandatory annual continuing education called firm element in addition to state CE requirements. except for the state CE, the rest is administered and overseen by the former NASD, now Finra and ably so. PLEASE LEAVE OUR REGULATION TO FINRA AND THE STATES.