Subject: File No. S7-25-99
From: Michael L Chindamo, CFP
Affiliation: Financial Planning Association FPA/ Founder - FFA Family Financial Advocates, Inc. TM

August 23, 2004

Please withdraw not amend the rule. In its present condition the rule does a disservice to the public. It also portrays an unusual amount of inaccurate disclosure to the public. We as independent financial planners and registered investment advisors live by full disclosure as well as acting as advocates for our clients behalf.We understand and accept our fiduciary responsibility. There should be no exemption for anyone.