From: Donald Brooks [dfbasb@redshift.com] Sent: Wednesday, June 26, 2002 6:02 PM To: rule-comment@sec.gov Subject: File No. S7-25-99 Mr. Harvey Pitt: Apparently you are considering an new rule that would "permit broker-dealers to offer comprehensive financial planning advice without being subject to registration under the Investment Advisor Act of 1940 or similar State laws, and their incumbent disclosure and fiduciary standards." Please do not allow this to happen. Please require ALL persons providing financial advise to disclose any and all financial and other conflicts of interests, and be required to act in a fiduciary capacity for the benefit of the client. Respectfully Don Brooks