Subject: File No.
From: Eric Nelson
Affiliation: CFP Northwestern Mutual

November 1, 2010

I oppose the proposed rule allowing broker-dealers to set their own commissions.

All this will do is hurt the small investor by making it economically unviable to provide ongoing service, support education.

Currently too many BD's service only accounts having investable assets of $500K and up. Small accounts typically only have access to online tools.

Comission setting will simply result in small accounts being priced out of the market.