Dear Chairman Levitt and the SEC 
     
Does it seem reasonable to provide a special exemption to one part of an 
industry while denying it to another. As a small independent financial planning 
and investment advisory firm my company is subject to strict regulatory 
oversight, oversight that I approve of and applaud. The evolution of our 
industry into a profession can only take place in an environment of full and 
fair disclosure. The proposed rule is nothing more than pandering to big money 
interest, the same big money interest that have short changed the investor for 
years. We who comply with and support full and fair disclosure urge you to 
maintain a level playing field and fair and open environment for the investor.
     
Respectfully,
     
     
David F Brochu, CFP
President
Progressive Financial Strategies Inc 
222 Richmond St Ste 304
Providence RI  02903-4228