April 1, 2005
As a proponent to changing our profession for the greater good, and as a supporter of many changes made in the recent past, I respectfully urge the Commissioners and staff of the SEC to consider extending the comment period to allow those being affected by these proposed changes to fully review and understand the proposal, its benefits and its impact to the industry.
As an independent registered representative and a CPA, the timing of the proposals release and the limited time granted to review the proposal for comment comes at a time when representaives and CPAs are faced with incredible demands to comply with the countrys tax filing deadlines and to advise clients accordingly.
Again, please consider extending the deadline for 30 days to permit those most affected by proposed changes to the industry to review and offer their feedback.
Sophocles C. Liapopoulos, CPA