Subject: File No. 4-606
From: Mark A Hinze

August 26, 2010

Dear sirs

I oppose a change of accountability from the suitability standard to a fiduciary standard. My company enforces the suitability standard rigidly for equity products that I sell. I am required to query prospects as to their investment goals and risk tolerance before investment decisions are made. The company reviews such information before permitting transactions to complete. It is a time consuming but effective process. Adding a different compliance requirement cannot conceivably provide greater client protection in my view. It will affect my liability insurance cost. I have never had a claim against me. It will consume additional time, create an elastic claim process, and hasten the day when I elect to quit the business.