Subject: File No. 4-606
From: Douglas A Walker
Affiliation: NAIFA member

August 9, 2010

In my opinion, there are plenty of regulations now. To the point that complying with regulations takes valuable time out of field actually consulting with clientelle.

I currently hold several Insurance Lines of License as well as Series 6 and 63 Registrations. We spend a few days a year auditing our files, and meeting all the compliance issues.

More regulation will involve hiring individuals just to check for compliance which is daunting task financially for a small business provider.

I would like to see some consolidation of compliance issues we have now instead of considering adding more.