Date:    05/18/2000  4:41 PM

Subject: File No. S7-25-99

Dear Chairman Levitt:
     
Please be advised that I am registering my opposition to SEC Release Nos. 
34-42099; IA-1845 entitled Certain Broker-Dealers Deemed Not To Be Investment 
Advisers.  
     
The Certified Financial Planning Mark is quite a lengthly and difficult 
process to obtain.  In the past, financial planners have not had a wonderful 
reputation.  However, that is changing and, in my opinion, this proposal 
would undermine the progress we have obtained to make our vocation reflect 
the highest standards possible.  To be advisers, I feel, you must be trained 
completely or you are in violation of our ethical standards.
     
Thank you for your attention.
     
Susie Johnston, CFP