Subject: File No. S7-25-99
From: John R. Verville, CFPR

August 26, 2004

I aak that, with the strongest conviction possible, the proposed rule change be withdrawn. There is no reason in my mind that could justify establishing a two tier system in regulation for the delivery of financial planning services. As an independent financial planner, the regulatory bodies are our only avenue of hoping to create an even battleground so that we may compete with the large wirehouses.