From: fish9407@bellsouth.net [mailto:fish9407@bellsouth.net]
Sent: Thursday, June 24, 2004 10:44 AM
To: chairmanoffice@sec.gov
Subject: New Governance Rule


Dear Chairman Donaldson:



Thank you for leading the effort to tighten the governance rules of mutual funds.



Please pass the following on to commissioners Glassman and Adkins:



Stop your whining.  Mutual funds have been and still are screwing investors (large 
and small) every day and in every way.  It is time they are punished.  It is not 
important that the punishment does or does nor exactly "fit the crime".  Mutual 
fund managers and boards need to learn if they keep screwing people to their own 
and/or the fund's administration's benefit; eventually there will be an unpleasant 
price to pay.



Regards,



Gordon Fisher