Date: 05/10/2000 10:42 AM Subject: Honorable Arthur Levitt Jr. File No. S7-25-99 Dear Mr. Chairman: I am a CFP, a Registered Investment Advisor Agent and a partner in a regional broker dealer. I am In Favor of adopting the SEC proposed rule excepting certain broker-dealers from Investment Adviser Act, Release Nos. 34-42099; IA-1845. Please adopt the rule. Brian Y. Horne, CFP Investment Management Corporation 215 S State, Suite 1160 Salt Lake City, UT 84111