From: Boardroom Advisory Group [gretchen@boardroom-advisory.com]
Sent: Wednesday, May 05, 2004 4:40 PM
To: rule-comments@sec.gov
Subject: IC-26356 

I am quite concerned regarding the possibility of elimination of 12B- 1 fees.  
The receipt by broker/dealers and their representatives of 12b-1 fees has 
enabled shareholders to receive ongoing professional services, which would 
otherwise not be available to them or only available at additional costs. 
These services include not only administrative services, such as providing, 
changing or correcting account information, but also substantive assistance 
through the provision of analysis and financial planning for these 
shareholders.  Without 12B-1 fees to cover the cost of providing such service, 
I would have to charge for the service or could simply not accept the smaller 
account.  There are many smaller investors who would be left without guidance.



File :S7-09-04



Louis W. Meyer, V
Boardroom Advisory Group
655 Eden Park Drive, Suite 100
Cincinnati, Ohio  45202

Offering Securities Through Mutual Service Corporation Member NASD/SIPC

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