As Rep. Christopher Cox prepares to take William Donaldson’s place as head of the Securities and Exchange Commission (see story here ), Investment Advisor readers have some strong feelings on what the new chairman’s highest priorities should be.

Respondents to the most recent IA Poll at InvestmentAdvisor.com indicated that repeal of the “Merrill Lynch rule” should be at the top of Cox’s agenda (31%), with a continuation of Donaldson’s enforcement agenda (28%) being the second-highest choice. Advisors participating in the poll also indicated that they felt the need for separate regulatory standards for financial planners (19%).

Sixteen percent of those who answered indicated that they felt the independent director rule for mutual funds should be repealed (16%) although on his penultimate day as chairman, Donaldson took steps to strengthen, not eliminate that regulation. (see complete story here)