Subject: File No. S7-06-04
From: IRENE M VILONA-LABONNE
Affiliation: CFP

April 1, 2005

PLEASE BE ADVISED THAT I URGE THE SEC TO DELAY ACTION ON
THE POINT OF SALE RULE S7-06-04 FOR AN ADDITIONAL
30 DAY PERIOD AS I HAVE NOT HAD AMPLE TIME TO READ AND
UNDERSTAND AND THEREFORE COMMENT ON ITS EFFECT ON MY
CLIENTS AND PRACTICE.

IRENE VILONA-LABONNE