Subject: File No. 4-606
From: Walter C Trammell, III
Affiliation: Prudential

August 1, 2010

I have served as registered rep. for 24 years. Over the years the paper work required to sell a registered product to clients has changed 10 fold. Some of the changes were needed, but most are just common sense. As long as an indivdual understands risk and the value of their accounts may be more, less or unchanged from the day before, I feel we have done our job as an advisor. This will add additional cost to our clients and companies.Our states require continuing education on an annual basis. We also have to have CE every 3 years as required by the SEC. We feel that the SEC will impose a misguided fiduciary standard that is not needed. Currently we have standards in place that require a risk profile on each of clients and future clients. There are enough compliance requirement in place. Thank.