Subject: s7-25-99

Author:  "Tim Scannell" 
Date:    05/14/2000 11:21 AM
     
     
As the owner of a small Broker Dealer (marquis Financial Services) and a small 
RIA firm (The Advisory Company), I am writing you to express my opposition to 
SEC Release Nos. 34-42099; IA-1845,  (Merrill Lynch Rule) that allows some 
broker dealers to get an exclusion from registereing as an Investment Advisor.