The redundancy and bureaucracy and extra paperwork it requires to write an application has got to stop!! I have been in this vocation for over 40 years and the extra work to get an application approved is overwhelming. We already have "Best Interest", "Attestations" and "Suitability for BOTH Broker Dealer AND Insurance Company. This just slows down commerce unnecessarily. We already have 80 pages in just one companies annuity application which is way too much!! There are ALREADY enough checks and balances.

I oppose this legislation it will cause a massive dip in the markets.

we do not need more bureaucracy.

Ms. Jennifer Piorko Mitchell Office of the Corporate Secretary FINRA

1735 K Street

Washington, DC 20006

Re: Request for Comment on Regulatory Notice 25-05

Dear Ms. Mitchell,

I am an owner of a Registered Investment Advisory firm and a registered representative of an unaffiliated FINRA member firm. I appreciate the opportunity to comment on the newly proposed Rule 3290 as set forth in FINRA Regulatory Notice 25-05.