Subject: File No. DF - Other Initiatives
From: Anthony T Moreschi

August 18, 2010

All brokers, dealers,and financial advisors should be held to the fiduciary standard of acting in their client's best interest not just advising client's to choose investments which are suitable for them, and should be required to fully disclose any financial interest in their recommendations and how they are compensated. They should be held to the same fiduciary standard as required under the Investment Act of 1940.