From: Carol Higgs
Sent: August 10, 2006
Subject: File No. S7-03-04

SEC Chairman Christopher Cox

Dear SEC Chairman Cox,

I am a self-employed person who has most of my 401K in stocks and bonds. I am writing to express my strong support for the proposed rule requiring that mutual fund boards have an independent chairperson and at least 75 percent independent directors.

Requiring independent directors and chairpersons will help ensure this safeguard for the small investor.


Carol Higgs