From: Greg Lucas [greg@gregorylucas.com]
Sent: Monday, April 19, 2004 3:51 PM
To: rule-comments@sec.gov
Subject: File No. S7-25-99

Please include my views in your public comment. I am strongly opposed to the
above rule change. I believe that the change would permit the marketing of fee-
based financial planning services without holding the broker-dealer to the
fiduciary and disclosure standards of the Investment Advisers Act. This is a
dangerous precedent to set when we are working to build public trust. Gregory
Lucas, CFP

Gregory Lucas, CFP
SunAmerica Securities, Inc.
Registered Branch Office
1545 River Park Dr., Suite 401
Sacramento, CA 95815
Phone: (916) 921-9220
Fax: (916) 921-2625
greg@gregorylucas.com