From: Paul McLane [PMCLANE@imaspub.com]
Sent: Friday, January 23, 2004 12:32 PM
To: rule-comments@sec.gov
Subject: New Confirmation and Point-of-Sale Disclosure Requirements

To: Mr. Jonathan G. Katz

Mr. Secretary,

I am writing to express my support for any and all efforts that the 
SEC can take to strengthen protections for individual investors in 
mutual funds. I am a 43-year-old who has invested in mutual funds for 
the last 15 years and has a significant portion of my retirement 
money in that world.

Some participants in this debate may believe that individual investors 
do not pay close attention to these matters or understand the ways in 
which their investments are vulnerable. I want to emphasize that I and 
hundreds of thousands of other investors do indeed care about these 
issues. 

Given recent news developments involving ethical questions at mutual 
funds, and given the industry's long-standing tradition of burying 
important disclosures in small gray type in their prospectuses, we rely 
on our federal and state regulators to guard our interests. 

Count mine as a clear voice in favor of strengthening regulations 
concerning mutual fund management, including better and deeper 
disclosure of businesses interests at the point of sale and elsewhere. 
We need your help.

Best regards,

Paul J. McLane
Annandale, VA