Date:    05/10/2000  4:57 PM

Subject: SEC Release Nos. 34-42099; IA-1845, File No.S7-25-99

I am in opposition to SEC Release Nos.34-42099; IA-1845, File No. S7-25-99. 
This is not in the publics best interest.
     
Sincerely,
     
Terry Balding, CFP
     
Securities and Investment Advisory Services offered through Harbour 
Investments, Inc., One Odana Ct., Madison, WI, 53719 (608) 274-7744. Member 
NASD/SIPC
     
Securities licensed in WI, IL, MO, IA.