Subject: File No. 4-606
From: Paul G Ewell

August 8, 2010

I have been a registered rep since 97 and a member of NAIFA for just under a year. I receive annual audits from my broker dealer and they do a great job along with my local branch keeping us compliant in every way. Adding more regulation would be over kill and costly to the regulatory departments, ourselves and our clients. It's not broke on our end as advisors. The focus should be on the large wire houses and the banks because of all the volume they create. We as indepentant finacial advisors already recommend the best, least expensive products for our clents. We also take great care in disclosing fees, surrender periods and the risks involved. Put more regulation of the those that need it, not on those that are already doing the right thing.
Thanks for all you do for this industry,
Paul G. Ewell