From: BERTACININ@FinancialNetwork.com
Sent: Monday, May 03, 2004 3:54 PM
To: rule-comments@sec.gov
Subject: File No. S7-09-94

I am a licensed insurance professional, LUTCF, and a registered investment 
advisor.

My concerns are: affording to stay in business and
                 providing service and education to my clients.

I have been in the financial planning business over 11 years and have spent much 
of that time building relationships with small clients who need service.  
Because I cannot help my clients if I cannot afford to stay in business, I have 
to find ways to make my business pay.

C shares help me get paid for the service and education I provide my clients.  
If trailer fees are eliminated, the small investors who need to invest and 
generally need help, will be left on their own because brokers will be 
encouraged to constantly look for new money to make their businesses pay.

Rename the 12(b)-1 fee a broker service fee or create an new category for the 
service fee and use the 12(b)-1 for true marketing costs, but don't return to 
not-paid-to-service days.

Nancy Wheeler Bertacini
Registered Representative
Financial Network Investment Corporation,
Member SIPC
260 Regency Pkwy, Suite 101
Omaha, Ne 68114
401.397.5440
bertacinin@financialnetwork.com