From: Jordan Gary [jordang@wf.quik.com] Sent: Monday, June 24, 2002 4:04 PM To: rule-comments@sec.gov Subject: File S7-25-99 For more than 10 years I have been a Certified Financial Planner and for several years I was a financial planner for American Express Financial Advisors. My experience is that when advisors take the time to write financial plans for clients, it is because the advisor is trying to sell products by first selling professional advise and planning services. The firm and the advisor are trying to get the highest levels of trust from the clients. There any one offering financial planning services and financial plans should be a registered investment advisers and be required to offer the highest standards of conduct and disclosure. Therefor I ask that you withdraw your proposed rule "Certain Broker-dealers Deemed Not To be Investment Advisors." Such a proposed rule seems to be a complete sell out to immoral and self serving broker dealers who are using double-talk and misleading advise. Sincerely Yours, Jordan Gary CFP Jordan Gary and Associates, Financial Advisors An SEC Registered Investment Advisor 2110 Kemp Blvd. Wichita Falls, TX 76309