Subject: File No. S7-06-04
From: Stanley Runyon

March 18, 2004

I think its time for the public to insist on full disclosure from brokers, mutual fund management or anyone who sells or trades securities of any kind. Concerning mutual funds, a purchaser should be told exactly what the fund is costing him or her--not just the funds expenses but the amount paid in brokerage fees or commissions of any kind in short, ALL true costs must be revealed once and for all.

Thanks for the opportunity to comment.