From: Gina Koprowski [gkoprowski@DELESSERTFinancial.com]
Sent: Thursday, June 27, 2002 10:01 AM
To: 'rule-comments@sec.gov'
Subject: FILE No. S7-25-99

Dear SEC; 

I oppose the rule (S7-25-99) that 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!

Without uniform standards of conduct for the profession, there will never be
a recognizable financial planning profession.  Without embracing standards
that align our interests with our clients, the clients will suffer!  Too
many non-qualified entities, including broker-dealers, are touting
themselves as financial planners.  The result is an often duped client who
approaches financial planning as a profession, much like going to a doctor,
with the utmost trust in the individual(s) representing themselves as
qualified planners and experts.  

This rule discounts the profession, and fosters the misuse of the public's
trust by allowing the practice to continue.  The Investment Advisers Act of
1940 and similar laws are there to serve the public and keep financial
professionals in line with a certain set of standards. Now more than ever,
in this environment where every day there is another falsehood uncovered in
the Corporate America's accounting practices, does the financial
professional need to show adherence to a Code of Ethics and performance
standards.  This rule is a misuse of public trust, provides leeway for abuse
of the financial planning profession, and discounts those certified
financial planners who have worked for that certification and do embrace the
highest standard of conduct.  

Sincerely,

Gina Koprowski
Delessert Financial Services
32 Union Street
Newton Centre, MA  02459
617 928 1750