Subject: File No.
From: Richard A Fitzer
Affiliation: Registered Representative, MML Investors Services, Inc.

October 27, 2010

RE: File Number S7-15-10

I remain an active member of the financial services industry for over 30 years. I am both insurance licensed and a fully licensed registered representative and investment advisor representative.

I support the proposed rule 12b-2 which would continue the 25bp fee, which insures ongoing service to the client is provide with compensation to the rep. The new terms for this fee seem clear and worth of implementation as well.

I do strongly object to allowing mutual funds to issue a new share class at NAV, allowing broker dealers to set their own fees. Let's not get into a cutthroat pricing environment. This never benefits anyone and usually hurts the consumer.

Let's have a structure that provides equal service for all clients, not just the wealthy - who are always willing to pay for the services they want and need.