Subject: File No. 4-606
From: Travis W Lewis

August 30, 2010

Requiring compliance with 'fiduciary standards' could drive many advisers out of the market and will and could eliminate a valuable advisory resource to clients, especially in middle and lower income people and there could be additional risk of lawsuits involving registered representatives that will ultimately increase costs to the clients.Also driving every registered representative to a fee only compensation will not necessarily result in better, unbiased advice for the client or prospect