Subject: File No. 4-606
From: Kurt K Webb
Affiliation: Life Insurance Agent

August 6, 2010

Compliance costs-both in terms of finances and time-are high, and those costs are eventually felt by clients. Adding another layer of regulation means another layer of compliance, and even more cost to clients.

Compliance is an area where much time is spent. Due to the amount we are already forced to do it takes away my time from learning, growing and being more effective in my business. There is a lot of headache, time and frustration that comes from having to comply to so many rules, laws and regulations that it impedes activities that are better for the client. It is regulated very closely and adding even more issues and standards will turn this industry into paperwork instead of protecting and planning for the people's future.