From: Teresa Hopkins
Sent: August 13, 2006
Subject: File No. S7-03-04

SEC Chairman Christopher Cox

Dear SEC Chairman Cox,

I very much approve the proposed rule requiring mutual fund boards to have an independent chairperson and at least 75 percent independent directors. Mutul funds are an important part of my family's investment stategy. I look to the SEC to protect that investment.

In light of outrageous current CEO and other management compensation packages this is not only the right thing to do for appearances sake but I think it is very necessary for REAL harm being done to investors. I don't like being taken advantage of.


Teresa Hopkins