From: Bob Schaeffer [bob@greenbaynet.com]
Sent: Monday, March 08, 2004 9:54 AM
To: rule-comments@sec.gov
Subject: S7-03-04: 

I am a common working person with investments in mutual funds.  I hope you will 
make the board of directors of mutual funds more accountable to us, the 
shareholders, whose money is in the funds, and more independent from the 
management of the fund, whose money isn't in the fund.  this is a great 
opportunity to do something good for the common working American.  Thanks.  Bob 
Schaeffer in Green Bay, WI.