From: Kate Simpson [kate.simpson@admc.com]
Sent: Friday, June 14, 2002 7:25 PM
To: rule-comments@sec.gov
Subject: [Fwd: RE: File No. S7-12-01]


-------- Original Message -------- Subject:  RE: File No. S7-12-01 
      Date:  Thu, 13 Jun 2002 19:56:14 -0400 
      From:  "Erickson, Rhonda J." <EricksonR@SEC.GOV> 
      To:  "'kate.simpson@admc.com'" <kate.simpson@admc.com> 




To Whom it May Concern,

I would like to voice my opposition to the "Evangelical Christian Credit
Unions" attempt to skirt the security laws that
every other non-profit and for profit organization must obey. I belong
to several non-profit organizations and we work
very hard to maintain legal records and obtain donations in a legal
manner. It is outrageous that this religious organization
is on the edge of virtually money laundering. If they want to become
stock brokers, fine, let them follow the standards and
regulations of that institution and be taxed accordingly. Please deny
them more special rights and priviledges that no other
group could enjoy. Thank you for your time and consideration.

Sincerely,
Kathryn A. Simpson
2122B 30th St
San Diego, CA 92104