Subject: File No. S7-06-04
From: Yvonne Rundell

April 2, 2005

The Point of Sale and confirmation Disclosure S7-06-04rules will involve costly and unintended consquences for independent financial professionals who service the middle class.
Paperwork and compliance docquments has increased in the last four years so much that extra staff has been required--just to satisfy government regulations. The increased printing and paperwork costs are extremely burdensome to the independent professional.
A review period of this proposal of less than a month is not reasonable for all concerned to review and respond. I am requesting an extension of a month so that this disclosure rule can be reviewed by all concerned including my clients.