Subject: File No. S7-06-04
From: David F Childs

March 16, 2004

I am in full agreement about the requirement for Brokers, Dealers, etc. revealing more about the cost of purchasing investments. Many investors are unaware of the hidden cost they often incure when purchasing from Brokers, Dealers etc. If Brokers or Dealers are required to tell how much they make on certain transactions I believe many inverstors would be spared the problemof buying investments that are not appropriate.