From: James Richardson [jrichardson@honoluluadvertiser.com]
Sent: Wednesday, January 21, 2004 10:01 PM
To: sec
Subject: New Confirmation and Point of Sale Disclosure Requirements.

I approve of the proposed regulations for the mutual fund industry.
Thank you.

James C. Richardson
92-1080-1 Olani St.
Kapolei, HI 96797