Subject: File No. S7-35-11
From: Larry Meier

October 5, 2011

I don't know who caused or where my problem came from but it sounds as though someone in their infinite wisdom made it legal for a bank to break their contracts with individual investors. Below is a complaint I sent to the SEC received a reply saying they would just publish it someplace but offered no definite help.


"I would like to file a complaint regarding a WCO security I purchased in 4/2011 that was yielding a 7%+ rate callable at 25 after 9/2013. Apparently some Dodd-Frank act allowed them to call early forcing me to take a loss of $1.69+ per share since I paid a premium over the $25 par value. THIS IS NOT RIGHT I surely would not have purchased this if it was callable before 9/2013 as advertised. It was valued at 27.4 as recently as 8/31/2011 so instead of a gain of .70, I now have a loss of $1.69 per share.