Subject: File No. S7-25-99
From: Scott Hoover

September 13, 2004

I feel that the Broker-Dealer Rule Exception should be withdrawn. Previously to me having my current financial advisor I used someone that that was a broker that attempted to give me information and bad advice. He put me into funds that were poor decisions and I think that he received commissions of the funds and annuity. After receiving correct information from my current financial advisor I feel that my current financial plan is solid and will aide me in my future.

Scott Hoover
337 Hickory Ln
Haddonfield, NJ 08033