Subject: File No. 4-606
From: Mark Middelton
Affiliation: Agent, State Farm Insurance

August 4, 2010

I'm a registered rep for State Farm Mutual Funds and I market mostly retirement plans to "mom" and pop". Many large brokers will not talk to these people because they don't have large sums of money. I give them an opportunity to set up a retirment fund for themselves to help secure their future.

I also sell insurance products and bank products. Currently, I am audited by my company at least 3 or 4 times a year to make sure I am in compliance with the maze of state and federal rules and regulations.

A fiduciary standard for my business will add yet another layer of governmet on my already over-regulated business. It means less time spent with my clients and less time taking care of business in order to comply with something that isn't broken.

The "suitibility" standard works fine and I urge you to leave this alone.