Subject: File No. S7-15-10
From: Jeffrey LaRocco, CLU

November 5, 2010

Please do not remove commission from Mutual funds.

By removing commissions you remove the ability for middle market people to get advice. People will buy the cheapest access to the funds. but then will have nobody to advise them. They will save a tiny bit of commission, but will probably lose big on investments by buying unsuitable funds. The people you intend to help, will be helped very little, but most likely financially destroyed.

You need to consider the big picture