Subject: File No. S7-25-99
From: Reginald L Jensesn
Affiliation: Certified Financial Planner, Chartered Financial Consultant, CLU

August 23, 2004


It seems to me that the federal government should increase the professional requirements of any person who offers financial advice to the public, not eliminate professional requirements because someone happens to work in a specific industry.

I suggest you withdraw the rule and begin writing rules governing professional requirements.