From: Jason Kreher [jason.kreher@eurorscg.com]
Sent: Monday, January 06, 2003 9:13 AM
To: rule-comments@sec.gov
Subject: Comments on File No. S7-51-02

To Whom It May Concern,
I am writing regarding the proposed "Shareholder Reports and Quarterly
Portfolio Disclosure of Registered Management Investment Companies" rule
on your website. I myself own mutual funds, and this proposal seems like
the wrong fix for an important issue. I am a college graduate in a
professional career, and I struggle with the language in these reports
every time I try to read them. These reports are too technical for most
people, including myself, and I strongly believe that the SEC should
require mutual funds to write shareholder reports in a language the
average investor can understand. More of the same type of reports do
nothing but confuse investors more frequently.
Very sincerely,
Jason Kreher