Subject: File No. S7-06-04
From: Steven Paris

April 1, 2005

The SEC has proposed new rules File number S7-06-04 that will require broker/dealers to provide customers with targeted information, at the point of sale and in transaction confirmation, regarding the costs and conflicts of interest that arise from the distribution of mutual fund shares, 529 college savings plan interests, and variable insurance products.

I have not had a substantial opportunity to review the proposal and would like the comment period extended for an additional 30 days.