Subject: File No. S7-06-04
From: Keith D. Jewell

March 17, 2004

New York City
March 17, 2004


I was formerly registered as a stockbroker, holding Series
7 and 63 licenses. As a retired licensee to sell securities, and a retired investment banker and currently
active investor, I strongly support the S.E.C.s initiative
to require much greater disclosure of fees and other costs
to investors on the entire range of securities-related

Sincerely yours, Keith D. Jewell