Subject: File No. S7-06-04
JONATHAN G. KATZ, SECRETARY
I WOULD LIKE TO LOUDLY, voice my opposition to the redundancy of the new recommendation for fee disclosure.
I am a licensed insurance agent and series 6 licensed securities representative. I do not feel that what is already available to the public through the prospectus needs to be required again. Some responsibility for purchase needs to lie with consumers too. If it were not available then some disclosure of course would make every kind of sense, however the structure is very simple now that prospectus' are required to show comparisons that are easliy compared from company to company.
Connie S. Walenta CIC, LUTCF