Subject: File No. 4-606
From: David D Bonebrake, CFP(R)

July 28, 2010

There should be a one size fits all fiduciary standard for clients from all financial advisors, brokers and insurance agents.

Please use the simple and clear definition the CFP Board chose to impose on CFP certificants.

Brokers, Advisors and Insurance agents from wire houses to independent financial planners shall at all times place the interest of the client ahead of his or her own. When providing financial planning or material elements of financial planning, advisors of any type, owe to the client the duty of care of a fiduciary as defined by CFP Board.

Please call or e-mail if you have questions or comments.

David Bonebrake, CFP(R)