Subject: File No. 4-606
From: John M. Grover, III

August 5, 2010

We are regulated enough. This new proposel will put reg. reps. and insurance agents at risk for being sued...the general public needs are help for investment and retirement planning...they will suffer as a result..causing more economic problems ...we already are being asked to due c.e. anti money laundring, firm element is driving reps from our buisness..hurting consumers...