Subject: File No. 4-606
From: David Henderson

July 30, 2010

The proposed fiduciary standard will serve to drive financial advisors who serve the middle market and work mainly on commissions from the business. Thus leaving a huge section of the population underserved for financial products and insurance. The net result will be more people depending on government to provide for them when the become disabled or die while unisured. The financial services sector did not cause this recent recession.