From: Sandy Wenker [esellner@means.net] Sent: Monday, June 24, 2002 12:59 PM To: rule-comments@sec.gov Subject: Rule No. S7-25-99 Gentlemen, In reviewing your proposed rule "Certain Broker-Dealers Deemed Not to be Investmnent Advisers". I feel it would be a great tragity for the American Public if Certain Broker-Dealers where able to provide comprehensive financial planning without being subject to the registrations that the rest of us have to comply with. Please withdraw your proposed rule!! Sandy Wenker, CPA, CFP, RFC Securities Offered Through CAPITAL MANAGEMENT SECURITIES, INC. A Registered Broker/Dealer. Member NASD/SIPC.