From: Wood Family [csjlwood@iquest.net]
Sent: Sunday, February 08, 2004 7:43 PM
To: rule-comments@sec.gov
Subject: (s7-06-04) New Confirmation and Point of Sale Disclosure
Requirements

Dear Secretary Katz and SEC Commissioners:
	As holders of mutual funds and annuities both personally (IDS-American 
Express) and as a part of our employment's retirement plans (TIAA-CREF) we 
wish to express our support for the ethics code and disclosure requirements 
that have been proposed with regard to the trading of securities.  If the 
recent scandals in the industry have revealed anything, it is that there 
should be more oversight of those involved in trading.  We, who are 
university professors with relatively modest incomes, must complete yearly 
conflict of interest forms and guard against conflicts of interest. If that 
is required of us, it would seem appropriate that those who may have much 
to gain from a conflict of interest should be required to do the same.  We 
hope you will seriously consider adopting a code of ethics for investment 
advisers as well as disclosure of the costs incurred by consumers. 
Information comparing costs from one company to another would also assist 
consumers to make informed decisions concerning their investments.  Thank 
you for your consideration of our concerns.  Sincerely, Christopher and 
Sandra Wood