From: Murray, Michael r [MMurray@rwbaird.com]
Sent: Monday, June 24, 2002 11:32 AM
To: 'rule-comments@sec.gov'
Subject: File No. S7-25-99

I urge you to withdraw the Proposed Rule, "Certain Broker-Dealers Deemed Not
To Be Investment Advisors."

Recent events on Wall Street and in Corporate America have only highlighted
the need for individuals and organizations offering comprehensive financial
planning advice to be held to the highest standards when working with the
public.

Withdrawing the rule is the right thing to do!

Respectfully,


Michael R. Murray, CFP
Vice President - Investments
Private Client Group
Robert W. Baird & Co.
9120 W. Loomis Rd. Suite 100
Franklin, WI 53132
(414) 525-7800 
Toll Free: (888) 792-9823
Fax: (414) 525-7850
mmurray@rwbaird.com



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