From: Daniel P Sweeney
Sent: April 1, 2005
Subject: File No. S7-06-04

Jonathan G. Katz
Securities and Exchange Commission

Dear Mr. Katz,

I am a financial advisor, broker, registered rep or whatever you want to call me. I try to help people, generally unsophisticated investors, NOT make bad financial decisions. I am part of a group of four advisors and we have seven employees that help us with all the requirements of the industry. Our account size ranges from $15,000.00 to $4,000,000.00. We only have ten accounts in excess of $1,000,000.00. We are currently restricting new accounts to a minimum of $500,000.00 due to the cost and effort required by all the rule and regulations, broker/dealer imposed and government imposed, old and new and proposed. I have been in the business for twelve years (a second career) and to date I can think of only two people that I know actually read a prospectus. They do business with me because they trut me and think that I care about them. I do. If you want to help people make the prospectus understandable when read by a high school graduate. Give them the basic, important information. Stop creating more busywork for advisors or the the people who need help wont be able to get it.

Daniel P Sweeney ChFC