Subject: File No. S7-06-04
From: Neal D Roberts
Affiliation: CPA/Registed Rep

April 1, 2005

To whom it may concern,

Im requesting an extension for the proposed regulations regarding increased compliance on the sales of mutual funds and variable annuities. I have not had a chance to review the proposed regulations. While Im in favor of protecting the public, burdensome amounts of additional paperwork are not the answer. Please give us an extension so we can work together to find a better overall solution.

Sincerely,

Neal D. Roberts, CPA/Registered Rep