Subject: File No. 4-606
From: Glenna R Bohling, CFP

August 31, 2010

I am opposed to the proposed new rules which would impose even more 'fiduciary duty' liabilities on my profession. The current suitability standards are already sufficient and heavily enforced. Rather than create more laws and rules, enforce the ones already in existance. The proposed standards will make lawsuits even more likely creating higher expenses for the consumer in the long run. There is a great need for financial education for the general population but most of them will not pay for that education even if they could afford it. Additional risk of lawsuits means more costs to me and those in my profession (if they stay in the profession) which means more costs passed on to the public. Again, don't create more laws but make sure the existing laws are enforced starting with congress.