June 28, 2005
Subject: Independent Chair
Chairman, Commissioners, Secretary and Acting Director
Please note that I participated in the development of the attached letter from the Mutual Fund Directors Forum, agree with and fully support its content. I am only sorry that logistics prevented my name from being attached to the original.
I thank you for taking the time to explore and discuss this most important topiic for the shareholders of what, I believe, to be the best investment vehicle available to the general population.
Gary N. Wilner