From: Chris DiVito [cdivito@investmentplanninggroup.com]
Sent: Wednesday, May 05, 2004 4:32 PM
To: rule-comments@sec.gov
Subject: S7-09-04

receipt by broker/dealers and their representatives of 12b-1 fees has
enabled shareholders to receive ongoing professional services, which would
otherwise not be available to them or only available at additional costs.
These services include not only administrative services, such as providing,
changing or correcting account information, but also substantive assistance
through the provision of analysis and financial planning for these
shareholders.
Cordially Your,
Chris DiVito