Subject: File No. 4-606
From: Thomas C Hruby

August 26, 2010

I oppose the provisons of the Dodd-Frank proposal implementing additional fiduciary standards on investment advisers. Current standards are already onerous and burden advisors with constant supervision and compliance requirements. This relates to increased overhead costs, time, and expense.
The criminals in this industry will not be deterred by additional fiduciary requirements. The honest, hard working adviser will be buried in paperwork that does little to protect consumers.