Subject: File No. S7-25-99
Affiliation: n/a

January 6, 2005

I think it is ludicrous to allow stockbrokers to claim financial planner fees. Brokers are brokers - or have you people forgotten the definition of a broker Please retain the integrity of the financial planner profession. I would NEVER consider a broker capable of working with me to design - or amend - my financial plan.
It appears, in general, the SEC has lost track of its original charter and is slipping into policies and practices that are questionable at best and downright illegal at worst Thank you for your time.