Subject: File No. S7-25-99
From: Elizabeth A. Sharkazy

September 11, 2004

Dear SEC:

I am an investor and I am concerned abut the outcome of this rule.

I request that you withdraw this rule.

I want stockbrokers to meet the same requirements as other investment advisors who must register with your agency. This will allow me to have a better idea with whom I am dealing.

Sincerely,

Elizabeth A Sharkazy