Subject: File No. S7-25-99
From: Christopher D Rich, CFP
Affiliation: Managing Member, RMR Financial Advisors LLC

January 14, 2005

In response to the SECs recently stated position of temporarily allowing fee-based brokerage accounts to continue to be opererated without the underlying firm having to be a Registered Investment Advisor under the 1940 Securities act, I wholeheartedly request that the SEC completely reverse its current exemption position and require that all advisors providing fee-based services be required to conform with the 1940 Securities Act by Registering as Investment Advisors with fiduciary responsibilities to their clients.