Subject: File No. 4-606
From: paul katz, aep,clu,chfc,msfs
Affiliation: financial services representative

August 12, 2010

Why would the SEC want to increase the added burden of additional compliance to final end providers when we had nothing to do with the financial services "meltdown "?

the " meltdown" was caused by the large investment houses executives trading in deriviatives and other questionable financial transactions.

Sound to me that its like shooting the donkey when it was the ass riding the donkey that caused the problem.