From: Paschal Redding [pkredding@mindspring.com]
Sent: Thursday, June 06, 2002 9:24 AM
To: rule-comments@sec.gov
Subject: Actively traded ETFS (S7-20-01)

Dear Sir:  Actively traded etfs would revolutionize many of the inequities and 
price gouging of the public by greedy mutual fund companies.  It would give 
individual investors a new avenue of investing without paying excessive management 
fees, exorbitant front and rear end loads as well as eliminating large tax bills 
incurred by some mutual fund companies.  Please vote for this.  We need a break 
from the enron vulturesss.  

Paschal Redding