Subject: Proposed Regulation #17j-1 Date: 12/14/98 11:25 AM Dear Sir/Madam, I am concerned about the huge salary and bonus paid to the mutual funds managers whose performance has been very dismal inspite of the strong bull market. Perhaps they are squandering the investor's hard-earned money into Russian funds so that the Politburo members can buy dachas for the boar hunting and leisure. I would like the SEC to pass the regulation so that the compensation of the managers is disclosed and whether or not they themselves invest in their own funds. Regards. Ravi Sharma ______________________________________________________