Subject: File No.
From: Joseph Al Carrico, CLU, LUTCF
Affiliation: NAIFA

October 28, 2010

Re:File Number S7-15-10

I strongly oppose Broker-dealers setting their own sales charge and commissions. This would ultimately reduce or eliminate the needed advice and service for middle and lower market clients.

This is the exact client we should be protecting. Investors with smaller accounts will be forced to self direct their accounts and be doing so without professional assistance.

Thanks for listening,

Al Carrico
Agency Field Executive
State Farm Insurance Comapanies