Subject: File No. 265-28
From: Charles R Burnett

May 9, 2016

I urge you to increase transparency of mutual fund expenses by adopting rules requiring each registered mutual fund to list ,in some standardized fashion, such data and to present it in such a fashion that could be reasonably understood by the individual investor.
Your failure to repair this discrepancy will result in continued fraud and abuse of investor dollars by many funds.
The investing public including those holding retirement funds deserves a better standard of behavior among fund principals as well as regulators.