Subject: File No. 4-606
From: David R Wilson, CLU

August 6, 2010

Regarding additional oversite and regulation on me as a Registered Representative with NYLIFE Securities, my feeling is that I am overregulated at the present time. I have served as a Registered Representative for over 25 years. I understand the need for Direct Oversite and welcome it. I have been fortunate to work for what I consider to be the industry leader when it comes to ethical behavior and oversite on a very regular basis by our Principal. However I am not naive. There are some in my Profession that give us all a bad name by not acting properly with their clients - the consumer. However there is now plenty of regulation and oversite to properly deal with this. There have been times when the addtional regulations have simply made me throw up my hands and want to call it quits because of the additional time and expense involved with paperwork and filing of forms you require us to complete. At some point the straw will break the Camel's back and this could be it. Our industry does a tremendous job seeing that the interests of the consumer comes first and no amount of additional regulation will stop the few "rogue" ones from continuing to be a thorn in the side of all of us.

Please DO NOT impose any additional regulations on us at this time.

Most Sincerely,
David Wilson, CLU