Subject: File No. S7-25-99
From: Roy M Fortner, CFP

August 26, 2004

The rule to exempt broker dealers from the Investment Advisors Act should be withdrawn. In no way should two different standards of conduct be established. This sends the wrong message to the public and the financial community. Equality and fairness is the role of regulatory bodies, not parciality or the appearance of such.

Sincerely,

Roy Fortner, CFP