Subject: File No. S7-25-99
From: Gladys M Christiansen, R.N.

September 6, 2004

I find it abhorrent to think my financial advisor whom I trust could be the seller of products. The rule that would exempt brokerage firms from regulatory oversight is frightening in light of the current increase of white collar crimes.
It is my impression that brokerages do research of the current market, give that information to the client, who then decides what action to take. I would hate to think the information I was receiving was biased.
I am totally against the enactment of this proposed rule.

Gladys M. Christiansen