Subject: File No. S7-25-99
From: Marc Vorchheimer, CFP

January 17, 2005

I believe that ONE standard should prevail for both brokers giving financial advice and independent financial advisers.

PLease withdraaw your latest ruling that continues to allow fee-based brokerage programs to offer financial planning and other advisory services until April 15.

Thank you

Marc Vorchheimer
Presently an RIA, and former broker