Subject: File No. 4-606
From: John R Shelton
Affiliation: Principal, MarketSpace Financial, inc.

August 30, 2010

The difference between an investment advisor or broker and an investment manager must be made clear to the public. investment professionals should be required to make absolutely clear when dealing with the public what role they are occupying in the relationship. advisors advise. managers manage with discretion and assume a fiduciary role. today the public has little to no understanding of this critical difference.