Subject: File No. 4-619
From: Mel Dawson

August 14, 2012

Chairman Schapiro
U.S. Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-1090

Dear Chairman Schapiro:

Changing from a fixed $1 per share to a variable NAV would make money markets nothing more than short-term bond funds with potential for loss.

Restricting withdrawals at any time or amount would also change money markets from their intended and accepted purpose.

If your intent is to eliminate money market funds, please state that openly. Otherwise, do not change the basic features of money markets and eliminate them in an indirect manner.

Sincerely,

Mel Dawson