From: Jay Keener
Jonathan G. Katz
RE: Proposed "new" desclosures requirements regarding the sale of Mutual Funds and Variable Products.
As a licensed insurance proffessional and variable products salesperson, I ask that the SEC withdraw it's "new" SEC rules on disclosure. A signed "prospectuc delivery receipt" by the customer/client is all that is needed. The responsiblity of reading the prospectus before investing is that of the cuctomer/client. This delivery process would hold the customer/client accountable for his pruchase. Thank you for withdrawing this "new" rule