Subject: File No. S7-06-04
From: Joe D. Crawford

March 30, 2005

I am a licensed insurance professional and variable products salesperson. Requiring a new,separate disclosure document at the point of sale and at confirmation would duplicate information already found in the prospectus, create confusion as yet another document is thrown into the mix, and reduce the likelihood that consumers will read the most important sourse of information on the product---the prospecus.

I urge th NASD withdraw the proposed rule.


Joe D. Crawford