Subject: File No. S7-06-04

Dear Mr. Secretary:

I urge you to please withdraw the rule referenced in the above number. As you know the prospectus contains all the information that this new rule calls for. I am careful to review that information with each of my clients and prospective clients. I have had it drilled into me over and over since I first became a registered rep that it was absolutely necessary to do that. It just seems that still more regulation doesn't really

Solve the problems you are trying to address.

Thank you for your consideration!

Joe Seed