Subject: File No. 4-606
From: Jason R Bowman
Affiliation: EHS Engineer

December 16, 2010

Sadly, for many Americans, financial planning is not one of the educational pillars on which they are raised. As they age virtually their entire retirement fund will be placed in a fund-based account (401K or similar) and managed by professional. As a society we ask ourselves why the elderly are without, why the age of retirement keeps going up, why did my nest egg vanish? All of these questions can be answered with a few simple truths. First, the people managing your money dont care about you or what is best for you. Second, the people managing this money use the general populations ignorance to their advantage. By not requiring so called investment advisors to be fiduciaries, we are ensuring substandard performance and continued hardship for middle and lower America.