Subject: File No. S7-06-04
From: Mark R Sprouse

March 3, 2004

Having been in this business for over 25yrs. I have performed a valuable service to my clients and this industry. I have no adverse dings on my professional record and am very proud of what I do for my clients, some I have had for all of those 25yrs.

Why dont you as a body sec, and the politicians religate all of us in this industry to the lowest form of life since you dont think our time is worth anything anyway.

I have many clients that I see continually that the
only form of compenstion I receive from them is a 12b-1 fee.

What if we were to strike like the grocery clerks in southern calif. did. where would our industry be then?

Mark R. Sprouse