From: Gorham Smith [gbs@pivot.net] Sent: Saturday, December 13, 2003 5:29 AM To: rule-comments@sec.gov Subject: S7-26-03: Selective Disclosure is a must change by the SEC. Let's really do something to build investor confidence by re- quiring funds to report monthly with a 30 day lag. Forget the six-month or quarterly reporting it's to much time and allows peeking, narrow the time span and create a level playing field. Janus Funds is apparently going to do this soon on their own, make it mandatory for all funds. Thanks, G. Smith gbs@pivot.net