Subject: File No. 4-606
From: Lorin D. Kieschnick

August 25, 2010

Please keep the suitability standard in place.

I am a young financial professional and the "fiduciary standard" would cause me to have to pay additional fees for Errors and Ommissions insurance and charge my clients unneccessary front end loads and fees as well. It does not benefit either side of the advisor client relationship and would drive me out of business as a young advisor. Please STOP the "FIDUCIARY STANDARD"