From: Philip T. Purpura [phil@cornerstoneinvestor.com] Sent: Tuesday, June 25, 2002 9:48 AM To: rule-comments@sec.gov Subject: fILE NO. S7-25-99 Proposed SEC rule" CERTAIN BROKER-DEALERS DEEMED NOT TO BE INVESTMENT ADVISERS" Gentlemen The above proposed rule will not advance or help the consumer or the profession. With 19 years in the business, you are creating a problem directly and indirectly with the consumer and the profession. Without standards for the industry or the law of the land, we then have nothing. Please withdrawn immediately the above Proposed Rule. Thank You for your consideration. Philip T. Purpura, CFP President Cornerstone Planning, Inc. 775 Park Avenue, Ste 220 Huntington, NY 11743 631-777-2121,fax 631-300-2477 phil@cornerstoneinvestor.com