Subject: 12b1 fees

October 27, 2010

Competition based on price and cost sounds good but will come at the expense of needed advice and service for middle market investors. This will hurt the lower and middle class investor who need the most help.
I have been a licensed insurance professional and registered representative for over 30 years and I have observed the market place set the value of services offered.

William J. "Bill" Toay, CLU
Registered Representative>br> Redbud Financial Group