From: john.schram@lpl.com
Sent: Wednesday, July 17, 2002 4:21 PM
To: rule-comments@sec.gov
Subject: File No. S7-25-99

I am writing to you today in request that you withdraw the above referenced 
proposed rule which provides exemption to certain Broker Dealers of the 
Investment Advisor rules.  As a Certified Financial Planner who works 
through a Broker Dealer and offers both commission based and fee based 
compensation alternatives, I use the fee based model to distinguish the 
fiduciary level of the relationship.  My hope is to have all governing 
bodies realize that consistency is to the advantage of the consumer.  
Don't let the BULL bully you into watering their consumer obligations down.
 
John A. Schram, CFP