Subject: File No. S7-25-99
From: John R Nelson, CFP
Affiliation: Certified Financial Planner

August 24, 2004

If the rule is withdrawn, it will create a defacto preferred method of delivering financial advice to the consumer therby eliminating choice. Each consumer should be able to select the advice delery method that fits their personal situation. Every delivery system has inherant conflicts of interest, as long as disclosure rules are followed and total cost to the consumer is disclosed, we should encourage diversity of process not restrict it.