Subject: File No. 4-606
From: Kshitij Deshmukh, Ph.D.

July 29, 2010

Brokers should be obligated to meet the fiduciary standard and not just the suitability standard. In the unfortunate event that the SEC chooses to impose only a suitability standard, then brokers should be required first and foremost to provide their client a list of financial advisers to who will meet the fiduciary standards and declare that they are only going to suggest suitable investments that may or may not have clients best interest in mind. If the client chooses to ignore this suggestion, then the brokers can work just as they do now.