Subject: File No. 4-606
From: Thomas M Schreiner
Affiliation: Insurance Manager

July 30, 2010

Dear SEC,

I am not even licensed to sell securities, but I do understand there is already enough regulation in your industry. Too much regulation in anything hurts the general population.

If there is any further regulation in securities - it should only be with people that are age 80 and older.

The SEC should examine their own existing practices on how to stop ponzi schemes before they happen, not after the fact. To put checks and balances in place to make sure the money that people invest actually go toward that investment.