From: Mark D. Kinney
Sent: March 30, 2005
Subject: File No. S7-06-04

Dear Sirs:

I believe these new rules would significantly undermine the integrity of the system. Should we simply supply a form outlining the various fees the MF, 529, & VA companies are ALREADY disclosing in the prospectus, the individual investor (in their mind) will then have no reason to review the all important prospectus. Let us not forget, this important document discloses more than fees. However, if the primary item clients reference in the prospectus will be supplied in a vulgar fashion elsewhere, I believe they will miss information vital to their investment selection. Should this in fact occur, I believe we would be setting ourselves up for potential litigation that could have, and frankly should have been avoided. That having been said, ladies and gentleman I urge you to reconsider the validity of this ruling.

Mark D Kinney, CFP