Subject: File No. 4-606
From: Connie K Gunter, CLU, MSFS, CASL
Affiliation: Development Director at Principal Financial Group

August 30, 2010

I hold an Insurance License, a Series 6, 63 and 26. I am a Registered Representative.

As a former President of a Broker Dealer as well as Chief Compliance Officer, I am very concerned about adding another layer of complexity to the requirements of Registered Representatives. The protection should be with the clients rather than create additional requirements for the advisors. Additional complex requirements will only take a away time better spent servicing our clients.