Subject: File No. S7-06-04
From: Joseph L Cannava, ChFC

March 23, 2004

It is impossible to provide meaning input o the proposed changes/additions to the securities law. The fact that the context of these rules is substantial, over 100 pages, and an extension to at least 120 days forom the current 60-day comment period is imperative to give the me time to understand thoroughly how it could have an effect on my business and client relationships. These changes should not be made without proper input. Why should the majority of good and honest advisers have to suffer because of the actions of a few bad apples. It doesnt make sense. PLease extend the comment period.