Sent: Monday, February 16, 2004 5:46 PM
Subject: (s7-06-04) Proposed rules..

I am responding to the call for comments on the proposed rules.
Your director was on CNBC today and made this website known to me
for the first time. THANKS to CNBC.

In 1995, a broker sold me some shares of American Funds mutual
funds for a 5.75% front load...I was a younger and dumber
investor at that time and wish these new rules would've been in
effect at that time. These funds have not performed any better
than some of the no-load mutual funds..and I feel very ripped
off..to the tune of almost 6% of my original investment. This HAS
to STOP and I commend all of you at the SEC, but this is SO LONG
OVERDUE...it isn't funny. why has it taken this long to correct
these problems..It reminds me of the intersection where you need
to see dozens of people killed in order to put up a stoplight!

IF you ask me..it's too little too late, but better late than
never. I'm investing in index funds these days..the so called
"managers" can stick it where the sun...well..you know the
rest..keep after them.

Thanks and gooday mate,

Ms. Investor from the midwest