Subject: File No. S7-25-99
From: Robert J Confessore, CFP
Affiliation: Vice President, Wealth Builders, Inc.

January 29, 2005

I urge complete withdrawal not revision of the proposed rule. While I am encouraged by the increased attention that the SEC is paying to the rulemaking and that it is strongly considering restricting brokers from marketing their services as financial planning unless those fee-based accounts come under Adviser Act oversight -- I believe the overall proposal will still provide for two different standards of conduct by brokers and advisers in providing similar services.