From: Dan W. Harris
Sent: April 3, 2005
Subject: File No. S7-06-04

I strongly believe that the existing system of client disclosure would be further complicated by an additional disclosure requirement proposed by the above regulation. Our goal should be to clearly explain to the client the risks and rewards and expenses of investing, which becomes increasingly difficult with a mountain of regulation. Please consider my comments carefully.

Dan W. Harris
Senior Managing Partner
Premier Planning Group
6731 Columbia Gateway Drive, Suite 350
Columbia, MD 21046