From: GAONMND@aol.com
Sent: Friday, March 12, 2004 11:41 PM
To: rule-comments@sec.gov
Subject: S7-06-04:

Thank you for the opportunity to comment on the proposed rules requiring brokers to 
tell more about fees and commissions.  I do not think this change will be helpful 
to me at all.  I know that brokers who provide a service to me must be paid by 
someone, either by me directly or by the mutual fund.  I really pay either way.  I 
do not buy mutual funds that charge loads and I deal with discount brokers who are 
sometimes paid by me and sometimes by the fund company. I know that either way, I 
pay.  Any breakdown of the amounts would provide no help to me.  In face in the 
long run these rule changes will only cost the broker and fund company more which 
means I pay more.

I equate this with the requirement for financial institutions to provide details on 
their privacy policies, just another cost that I pay for the financial service.

Charles R. Baugh
gaonmnd@aol.com
6292 Greensboro Hwy
Watkinsville, Ga. 30677