From: Alex Taft [ataft2000@yahoo.com]
Sent: Friday, January 23, 2004 2:03 PM
To: rule-comments@sec.gov
Cc: singletarym@washpost.com
Subject: New Confirmation and Point of Sale Disclosure Requirements

Jonathan G. Katz, Secretary
Securities and Exchange Commission
450 Fifth St. NW
Washington, DC 20549-0609

Dear Secretary Katz,

Having lost 60% of the value of my MCI Worldcom
preferred stock because of company executives' lies,
and seen my AT&T stock plummet to one seventh of its
value because of stock analyst lies, I have reacted to
the mutual fund scandals by selling all I own and
buying exchange traded funds based on broad stock
market indices.

You don't need new regulations at the SEC.  You need
to enforce the ones you have.  To that end don't waste
our taxes by writing regulations; hire more
regulators, investigators and prosecutors to throw
some of these people in jail.  Only when Wall Street
workers see the consequences of their actions will
they respond lawfully.

Thank you for the opportunity to respond.  Thanks.


Gardner Alexander Taft
4607 Connecticut Ave NW #122
Washington, DC 20008


__________________________________
Do you Yahoo!?
Yahoo! SiteBuilder - Free web site building tool. Try it!
http://webhosting.yahoo.com/ps/sb/