Subject: File No. S7-25-99
From: Aaron D Chamberlin
Affiliation: Financial Consultant- A. G. Edwards

January 19, 2005

Release Nos. 34-50979 IA-2339 File No. S7-25-99

RIN 3235-AH78
Certain Broker-Dealers Deemed Not To Be Investment Advisers

I would like to urge a complete withdrawal of the proposed rule. Thanks, Aaron Chamberlin