Subject: File No.
From: Randall D Kaufmann

November 3, 2010

I have been a licensed insurance agent and registered representative for over 34 years. I support the SEC rule 12b-2, which would continue the 25 basis points fee that is used to ensure investors receive ongoing service and advice and the SEC's proposed use of the terms "marketing and service fees" and "ongoing sales charge" in place of the "12b-1 fees" to improve transparency in disclosure documents but I object to the SEC allowing mutual funds to issue a new class which would allow the broker-dealers to set their sales charges and commssions fees.
Bottom Line ---- The customer will be at a disadvantage primarily those middle and lower clients.