Subject: File No. 4-606
From: Frank Ramey, LUTCF

August 6, 2010

Dear Folks:

I have been in the financial services industry for about 30 years now. I have always put my clients interest before my own. I spend a great deal of time every year studying my craft in an effort to be the very best in servicing my clients. My company, MetLife, not only encourages each of its associates to abide by a high ethical standard, but they demand it. I not only complete required compliance guidelines, but I also pursue my own regimine of studies as well.
When I look around at other associates in our industry, I do not see any abuses that our current enforcement standards cannot regulate. I am totally opposed to the proposed additional oversight and I hope that you will take this into consideration when you consider imposing more and more unneede fiduciary standards on registered representatives.
Like any industry, ours does have a few bad apples, but to throw another layer of oversight on top of the current system could in fact increase costs that are paased on to the consumer that are simply not warranted.
I should point out also that I am a registered representative and have been for many years with no complaints of my practice.

Thank you.

H. Frank Ramey, III