Date:    06/28/2000  10:07 PM

Subject: File No. S7-09-00

Consider this yet another email from an individual investor prompting you 
to adopt the proposed rule that would require mutual fund companies to 
reveal their after-tax results.   I've recently closed an account that my 
mother had set up for my daughter in a mutual fund partly because I could 
never figure out just what kind of return it was getting.  This information 
should be easy to calculate and readily available.  It's time to make the 
funds accountable.
     
Thank you,
John Semanchuk