From: Chris Hassett
Sent: July 13, 2007
To: rule-comments@sec.gov
Subject: File No. 4-538

To Whom It May Concern:

As a financial adviser of more than a dozen years- I’m very opposed to any elimination of 12-b1 fees that mutual fund companies charge. In order to manage money for small clients- we depend on this trail income to defray the cost of servicing clients.

I’m all for full disclosure- but eliminating the fee will do a disservice to the client in the long-run.

Sincerely,

Chris Hassett, ChFC, ARPC
Financial Adviser
Eagle Strategies Corp, a Registered Investment Adviser
Registered Representative offering securities through NYLIFE Securities, Inc. (Member NASD/SIPC)
6850 W. 52nd Ave. suite 200
Arvada, CO 80002