From: C.B. Vitello [charlesbvitello@wans.net] Sent: Monday, June 24, 2002 6:30 PM To: rule-comments@sec.gov Subject: file no. S7-25-99 Ladies/Gentlemen; Regarding the proposed SEC rule, "certain broker-dealers deemed not to be investment adviser." I have a small financial planning practice in southern california; for the benefit of my clients and the investment industry in general, I would like you to withdraw this proposed rule. Thank you for your attention to this matter. Charles B. Vitello, CFP