Subject: File No. 4-606
From: Don C Sibold
Affiliation: CLU, ChFC, CLTC, LUTCF

July 30, 2010

Comments:

The present suitability standard is already adequately enforced How much more time do we have to spend with regulations and compliance cost.

Changing from the present system to a fiduciary standard will not help tghe client because a bad RR will still be bad and a good RR will be good without the change.

Only the RR and client know what is best - outsiders telling what can be done or not done will not help or be in the best interest of the client