From: Ralph Haneke [rhaneke@cpcis.net]
Sent: Monday, June 24, 2002 4:34 PM
To: rule-comments@sec.gov
Subject: File No. S7-25-99

I have been opposed to subject rule since proposed.  The public deserves
your protection from sales people posing as investment advisors without
proper training and credentials.  Please withdraw the Proposed Rule.  It
serves no useful purpose for the public.

Sincerely,


Ralph A. Haneke
Registered Representative