Subject: File No. 4-606
From: K E Moss, CLU ChFC
Affiliation: Society Of Financial Professionals NAFIA

July 30, 2010

I have had the experience of being involved in the Financial Industry (Life Insurance and Securities) for the past 45 years. The industry's have done a good job in controlling the excess's as they arose.
The current regulations (being discussed) are designed to be govermential control to the max.
The additional burden's being mandated will add too many rules that are already in place.
The current govermental entities want to OVER run the industry.

Some review and actions are correct but the majority of the new regulations are not needed.