From: JJHURFORD@aol.com
Sent: Friday, June 21, 2002 6:35 PM
To: rule-comments@sec.gov
Subject: File No. S7-25-99

Dear Sirs:

It has come to my attnetion that the SEC is considering a rule change to 
allow Broker-Dealers to offer financial planning without being subject to the 
Investment Advisers Act of 1940.  Is it April Fools Day? We all know how 
self-serving brokers are and how little thay care about the little guy. The 
individual brokers are responsible to their BDs. The public needs to know who 
to turn to who is bound to act in our best interests.  

Let Broker/Dealers sell their products. But lets keep the advice to the 
INvestment Advisers who are bound to fiduciary standards.  

Respectfully,

John Jay Hurford