Subject: File No. S7-25-99
From: Scott M Levin
Affiliation: Certified Financial Planner Practioner

August 23, 2004

I urge you to WITHDRAW, not amend, 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.