S7-06-04:From: Kaminski, Dennis S. [dkaminski@mutualservice.com]
Sent: Monday, March 01, 2004 11:58 AM
To: rule-comments@sec.gov
Subject: S7-06-04:

Dear Mr. Katz: 

Mutual Service Corporation is a Broker/Dealer located in West Palm Beach Florida 
that services over 1,700 Registered Representatives, the majority of which are 
also dual registered as Registered Investment Advisors.  MSC is licensed  in all 
50 states and has been in business since 1969.  MSC is a subsidiary of Pacific 
Select Distributors (PSD) which is owned by Pacific Life Insurance located in 
Newport Beach California. PSD also owns four other broker/dealers throughout the 
country. 

We are very interested in responding to the above-captioned  proposal, however we 
believe there are many complex issues contained in the proposal that will require 
broker/dealers to give serious thought and reflection to adequately respond to it. 

We therefore request the Commission  extend the comment period at least 180 days 
beyond the original comment period to give the industry ample time for analysis 
and thorough investigation.

Respectfully, 

Dennis Kaminski 
Executive Vice President/CAO
Mutual Service Corporation 
West Palm Beach, Fl