Subject: File No. 4-606
From: Wayne H Cox
Affiliation: Director, Comverse Billing Technology Prototypes Center

August 27, 2010

I have always felt that the "suitable" standard for investment advisors is to lax. Amost any security could be argued as suitable to almost any investor. The proposed "best interest of the investor" is a much better standard. Advisors will no longer be able to fluff their personal benefit by recommending a "suitable" investment that just happens to pay the most commission.

The investment banks have succeeded in destroying the economy and it's time they were forced to pay attention to main street Americans.