Subject: File No.
From: Bret R. Andrus
Affiliation: Cambridge Finacial Center

November 1, 2010

-I have been in the finacial services industry for 31 years. I support the proposal to continue the .25 basis point fee that can be charged for ongoing service and advise. However, I feel that allowing mutual fund companies to create another class of shares that broker dealers could or would set their own fee schedule, would end up hurting the lower to middle income investor that the proposal is trying to help. With the proposed fee schedule only the higher end investor would recieve the help and advice they need because this would be the only class of investor advisors could afford to service.