Subject: File No. S7-25-99
From: Harry L. Poplin
Affiliation:

February 7, 2005

This is to request that the Securities and Exchange Commission withdraw, not revise, the proposed rule that permits brokers/dealers to use titles that only registered investment advisors should be able to use. I feel it is the SEC's duty to protect the investor not the stock brokers.

I am invested in the stock market with most of my liquid assets having 70% managed by a registered investment advisor and 30% with Fidelity which I manage with their advise. I can't always question the Fidelity adviser on his background and would not know if he was truthful with me using your rules of allowing him to use titles such as "financial advisor", "IRA consultant" and etc. Under the present rule, their IRA advisor may be a salesman (stock broker) or he may be a registered adviser. Trying to establish a test based on what is or is not "solely incidental" to a stock sale is a joke on us investors and subject to widespread abuse.

Harry L. Poplin