Subject: File No. S7-06-04
From: Robert D Abrams, CFP
Affiliation: independent financial planner

April 1, 2005

RE: File number S7-06-04

It appears that the above noted proposed rules could have substantial unintended consequences in my practice. This could be extremely burdensome and costly to my broker/dealer as well as myself and could limit significantly the number of securities I could make available for my customers.

I understand that a deadline for comments was set for 4/4/2005. I ask that this time be extended for further review.