Date:    05/15/2000  2:31 PM

Subject: SEC Proposed Rule Excepting Certain Broker-Dealers from Inve
 
This is a message pleading with Arthur Levitt as Chairman of the SEC to 
please oppose the rule excepting certain Broker-Dealers from the Investment 
Advisor Act.  I work very diligently at working in the best interest of my 
clients.  Though it gets tedious sometimes to fill out all the paperwork 
necessary to help a client, I understand why we have to get so many things 
filled out to protect the client's best interest.  My battle is not with all 
the necessary paperwork, but with certain individuals giving financial 
planning advise that are not licensed planners.  I see attorneys, 
accountants, stock-brokers, etc giving advise that is outside their realm of 
expertise and is not in the best interest of the client when looking at the 
clients comprehensive financial plan.  I feel that with softening the 
necessary procedures for some individuals will just increase this battle that 
in the long run hurts the client.  Until this world understands and 
acknowledges the need for a comprehensive planning approach rather than many 
isolated planning recommendations, the client is the one who will hurt the 
most!  Please Do Not encourage others to step outside their own expertise to 
give advise they are not educated to give by making the requirement placed on 
them easier to do so.  If you have any questions about my letter feel free to 
call me at (404) 250-3340.  I will be happy to take time out and discuss this 
furthur.  My E-Mail address is Karolluns@aol.com
Thank you for your attention to this letter and for your support of all 
clients, current and future, who will need financial planning assistance. 
Sincerely,
     
Karolyn R. Lunsford, C.F.P.
J.P. Atkinson $ Associates, Inc.