From: Thomas Clark [tclark39@earthlink.net]
Sent: Monday, February 02, 2004 4:51 PM
To: rule-comments@sec.gov
Subject: (s7-06-04) New Confirmation and Point of Sale Disclosure Requirements

Dear Sirs:

I wanted to express my full support for the proposed changes that the SEC is 
making in regard to mutual funds.  I am particularly concerned about potential 
conflicts of interest on fund boards of directors, "insider" trading, and full 
disclosure of costs associated with buying fund shares.  I have a modest portfolio 
of mutual funds, most of which were purchsed from my financial advisor with a 
front-end load. I know that my advisor received a percentage of that load when 
the funds were purchased, but I do not know how much was earned in actual dollars. 
Nor do I know what other compensation arrangements exist between the advisor and 
the funds he offers. As I understand it, the proposed changes will go a long way 
toward clarifying some of these "gray areas". I support your efforts, and I believe 
most other small investors do also.

Sincerely,

Thomas E. Clark