Subject: File No. S7-06-04
From: Peter L Brett

March 24, 2004

THE MORE INFORMATION WE HAVE, THE BETTER CHANCE WE HAVE OF MAKING A GOOD DECISION. THIS IS TRUE OF ANY SITUATION AND PARTICULARLY TRUE IN INVESTING. I AM TOTALLY IN FAVOR OF ANY RULES THAT GIVE INVESTORS MORE KNOWLEDGE ABOUT THE COSTS THEY ARE PAYING AND ANY POSSIBLE CONFLICTS OF INTEREST ON THE PART OF THE BROKERAGE HOUSES.

PETER L BRETT