Subject: File No. S7-25-99
From: Scott a Van Epps, CFP

August 23, 2004

I urge you to please WITHDRAW the rule proposal. I believe the rule is harmful to consumers by creating two different standards of conduct for persons offering financial planning services: a higher fiduciary standard for registered investment advisers and a lower one under NASD suitability rules. The rule also exempts, in effect, brokers from being required to disclose conflicts of interest in connection with the offer of financial planning services.

This is just not in the best interests of the consumer


Scott A Van Epps CFP