MessageFrom: Jack Best [jackbest@rochester.rr.com]
Sent: Monday, July 01, 2002 8:49 PM
To: rule-comments@sec.gov
Subject: File No. S7-25-99

Dear SEC:

I strongly urge you to withdraw the proposed rule that would permit 
broker-dealers to offer comprehensive financial advice without being 
subject to registration under the Investment Advisers Act of 1940.

As a practicing financial planner, I must adhere to standards of 
conduct based on the CFP Code of Ethics and Professional Responsibility.  
In the absence of such standards, those purporting to be financial 
planners would be able to provide advice that was unregulated and 
not within the norm.

Simply withdraw the Proposed Rule.

Thank you for your consideration.

Sincerely,

John K. Best