From: Nathaniel Lawver
Sent: March 29, 2005
Subject: File No. S7-06-04

Nathaniel Lawver
4215 N Gove St
Tacoma, WA 98407

Jonathan G. Katz
Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549-0609

Jonathan Katz:

I am a licensed insurance professional and variable products salesperson.

I am writing to you because the new disclosure requirements contained in the SEC's proposal regarding the sale of mutual funds and variable products are necessary and will provide meaningful additional protection to consumers.

Mutual fund and variable annuity prospectuses, which are reviewed by the SEC, already discuss the fees, risks and expenses associated with the purchase of these products. But frequently, agents and those selling these only gloss over the information and risks contained therein.

Our industry needs to have a summary that goes with the prospectuses, so consumers can better understand what they are purchasing.

Thank you for your time and consideration in this matter.


Nathaniel Lawver