Subject: File No. S7-06-04
From: Theodore A Linden

February 18, 2004

The information to be provided is great, especially the information about payments to an introducing organization.

A few concerns:

The information should have to be available before a purchase, not just in a confirmation after purchase.

There should be a catch-all category of payment so any new kind of fee or payment that may be invented in the future is still required to be disclosed.

The forms seem complex, probably due to the complexity of the fees charged by some funds. Funds that have a very simple fee structure should be able to use a simpler form that includes a simple statement that there are no fees of any other kind.