From: The Catons [wendyandregcaton@earthlink.net] Sent: Monday, March 08, 2004 1:16 AM To: rule-comments@sec.gov Subject: Proposed Rule S7-03-04 This rule seems long overdue. It certainly would, if enforced, avoid activities potentially adverse to the customer (IE investor). Personally I have an appreciable amount of my life savings in mutual funds and depend on them to supplement my income now that I am retired. We should not have to worry about unethical practices reducing our return on these hard earned savings. I wholeheartedly support adoption of this rule.