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Denny Betz Comment On Regulatory Notice 25-05

FINRA Regulatory Notice 25-05 and Proposed Rule 3290 - I'm writing to strenuously object to the adoption of this rule as being oppressive and a major step back in the bureau's efforts to be more pro-business and progressive. I deal with several advisers that would be negatively impacted by the adoption of 3290. This would cause them to leave their firms as I don't believe they would sell their holdings, I know I wouldn't and don't want them to. I'm not eager to find new advisors either.