From: Douglas Nieman [douglasnieman@comcast.net]
Sent: Saturday, January 17, 2004 6:10 PM
To: rule-comments@sec.gov
Subject: S7-27-03

I understand that the SEC is thinking of not allowing me to invest my 401 k 
plan up until 4:00 Eastern time and get the price that other people are getting 
if they happen to be investing in the same fund but directly with that fund's 
company. I think that idea is bad. Why go backwards in allowing flexibility to 
investors like me just because some mutual funds broke the law and let their 
favored clients in after 4:00. Leave it the way it is and find a better way to 
do your enforcement.

 

Diane Nieman

Douglas Nieman