Subject: File No. S7-25-99
From: James Milne

January 31, 2005

I understand the SEC is considering making those advisors that do some planning to be registered under the Advisers Act. I am in support of everone that provides more than buy this investment or sell this investment to be registered under the act. Anything less denies consumers important protections that simply do not exist in the broker-dealer sales-oriented regulatory environment.