From: Stan Webb
Sent: July 10, 2007
Subject: File No. 4-538

Dear Ms Secretary,

Just a short note to say that I am in favor of keeping the 12 (b) 1 fees as it is just a small amount to help us keep from charging clients additional fees for our continued service. It is just public pressure from the no-load companies and press that has brought this to light to further hinder a commission or even fee structure. Put your efforts to better enforcement of the wrongful sales of (b) and (c) shares.


stan webb
series 7, 63, 24 and 25.