From: Dancagle@aol.com Sent: Tuesday, June 25, 2002 1:08 PM To: rule-comments@sec.gov Subject: File No. S7-25-99 The proposed above essentially permits broker-dealers to offer comprehensive financial planning advice without being subject to registration under the Investment Advisers Act of 1940 or similar state laws, and their incumbent disclosure and fiduciary standards. I remain gravely concerned that this proposal remains open. Please take immediate action on this proposed rule to reject this proposal. Dan Cagle, CFP