From: Garber, Bill [BGarber@appraisalinstitute.org] Sent: Monday, January 13, 2003 2:09 PM To: 'rule-comments@sec.gov' Subject: Auditor Independence Dear Sir or Madam: On behalf of the Appraisal Institute, I would like to express our appreciation for the opportunity to comment on the SEC proposed rule, "Strengthening the Commission's Requirements Regarding Auditor Independence." Unfortunately, we were unavoidably delayed in developing our comments. We plan to file comments within the next week. If you should have any questions, I can be contacted at 202-298-5586 or bgarber@appraisalinstitute.org. Sincerely, Bill Garber Director, Government Affairs Appraisal Institute 2600 Virginia Avenue, NW, Suite 123 Washington, DC 20037