Subject: File No. 4-606
From: Edward D Hinds, CFP

August 6, 2010

Commercial transactions need to be seperate from professional relationships. Imposing a fiduciary standard on sales people blurs the lines instead of clarifying them. I believe that forbidding referring to oneself as a "financial planner", "financial consultant", or "financial adviser" unless one is a RIA would be more efficacious.