October 13, 2010
My comments are for the SEC to require disclosure bet allow clients choices in selecting how they wish to pay for service. At our firm we explain the 12b-1 fee is an ongoing fee to pay for client service relating to their investment with our firm. The added cost to bill and collect fees from our smaller clients would make servicing them not profitable. Thank you for considering our position.
Mr. Daniel Leveroni
Leveroni Financial Management Corp