Subject: File No. 4-606
From: William R Gibson, ChFC, CLU

July 30, 2010

I respectfully ask you to consider not adopting any further restrictions or monitoring of broker dealer representatives. We have ample regulation through our own compliance departments. Broker dealers and FINRA do an excellent job of requiring us to adhere to regulations. I understand the new rules would be effective after an event rather than to create the expectation that no event should take place. The desire to do what is right for clients is the value that most take to heart. There is enough regulation. Thank You