From: Laura Leidigh
Sent: April 1, 2005
Subject: File No. S7-06-04

I am a licensed insurance professional and variable products salesperson. I wanted to write to you as I feel the new disclosure requirements in the SEC's proposal regarding the sale of mutual funds and variable products appear to add no meaningful additional protection to consumers.

These products already discuss fees, risk and expenses associated with them in the prospectus. Please focus on getting the consumer to read the prospectus, rather than duplicating information. We would appreciate a withdrawal of the proposed rule. Thank you for your consideration.