Subject: File No. 4-606
From: Ed Batchelder
Affiliation: Registered Rep

August 2, 2010

This is a big mistake.

currently, we have seen so many changes affecting our industry. We are regulated enough. I have been in business for 30 years seeing bad characters come and go. I maintain all my compliance requirements and continuing ed which helps my clients make informed decisions. My job is to make sure the plans we recommend are suitable for the clients objectives and risks.

By adding additional responsibility and expense on my firm just because a few bad apples exist is unfair. With this ruling, I can be held responsible for a clients decision to take on more risk than what i would recommend.

Please allow FINRA to do their job.

Ed Batchelder
Batchelder Associattes