Subject: File No. 4-606
From: Randy R. Kilgore
Affiliation: Insurance sales

July 30, 2010

I have been in this business for 40 years and we are one of the most regulated groups in america. We do not need any more complicance or regulations. Complicance costs money and does not make you more ethical. Every year we have complicance requirements that are very costly and it takes several hours to complete the courses. This does not protect the consumer from people who want to take advantage of them. So for you to add Fiduarary responsiblity on top of what we currently have is just not good for anyone. All you do is add to the cost of doing business for me.