From: Jerry Egermier
Sent: March 31, 2005
Subject: File No. S7-06-04

Dear Mr. Katz,

I am a financial adviser in Omaha, NE. I have read the proposal for Point of Sale and Confirmation Disclosure. I am concerned about the potential negative impact this change will have on investors. I believe the complexity of this proposal runs the risk of confusing investors and it will be more of a detriment rather than a clarification. In my opinion, a much better approach would be to add clarification in the prospectus along with streamlining and developing a new prospectus form.


Jerry Egermier, CFP, ChFC
Financial Consultant
Egermier Retirement & Financial Services

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