Subject: File No. 4-606
From: Debra Jans
Affiliation: NAIFA

August 2, 2010

Putting more restrictions and regulations on financial advisors is not in the best interest of the investor or broker/dealer. This may even put small business in jepardy. The public should have the right to choose their investment advisor based on their suitability standards. The public is so much more educated on insurance and investments than they were 20 years ago that more regulation would be discouraging.

The amount of compliance paperwork file keeping has caused me to add additional work to my staff. I undergo exams every two years for FINRA compliance checks and continuing education including Ethics annually.

If I end up going to a fee based service, just to pay the fees to be a part of this financial services industry, I would not be in business and some of my clients could not afford the service.

I would not be able to work as a captured agent for a company that is highly rated notable.

Please discourage this type of reform.