Subject: File No. S7-15-10
From: patty keys
Affiliation: registered sales associate

July 28, 2010

I think that limiting the fees would be a good thing, but A shares? Most people do not think long term, these days long term is more than a month. C shs or another class may be a better fit. B shares are a way to tell a client there is no upfront charge, but if they want to sell they don't understand where the redemption fees came from. Charges for an A share can be extremely high and then on top of that the 12b-1 fees.If you have an elderly parent or are an unsophisticated investor you know that reading a 300 page prospectus is ridiculous. Firms hide behind "well I sent you the prospectus, didn't you read it?" It needs to be simplified for the clients, remember them? The ones who make us money to begin with? It's payback time boys and girls and we need to do whats rights for them, not us.