Subject: File No. S7-15-10
From: Barbara Stonnell
Affiliation: Financial Advisor, Royal Alliance

August 25, 2010

If those fees are removed, I will not and cannot service these accounts. As a matter of fact, the way business is, I will have to leave the industry. Those of us who are not labeled "fee based" need those fees to keep working. This is not a charity event, we earned those fees according to the original agreement. I keep my agreements, I think the industry should do the same.

barbara stonnell
financial advisor
royal alliance