Subject: File No. S7-06-04
From: William Tronolone, Jr

April 11, 2004

I fully support the proposed changes in the rules of disclosure.This is desperately needed so that we the public can make the most intelligent choices for ourselves and our families.I am a physician and the same standards of disclosure of all risks and benefits of the medical care choices works very well to allow the patient to make the best choices for themselves.The investment vehicles are often complex and difficult to understand so the more information ,the better.I fully support any effort to force full and complete disclosure of all risks,benefits,fees and commissions which may effect the customer or motivate the salesman.Thank you for for your diligence in protecting the public.