Subject: File No. S7-06-04
From: Lynn Bullock

April 1, 2005

Please extend the comments another 30 days for the industry to be able to respond in an reasonable fashion towards new rules in point of sale of securities. We have had so many altering regulations in the last few years, Let us benefit the investor by being able to deliver sound and practical services. So far the regulations seem to burden an already overburdened industry including the regulators, compliance, registered reps, and Broker/dealers. All of this to the confusion and suspicion of the investor.
In the haste to create more rules, you are inavertently creating more burdensome and impractical solutions.

Thank You Sincerely, Lynn A. Bullock