Subject: SEC proposed Rule 17j-1, Release No. 33-7212, S7-25-95 Author: "Adam S. Zielinski" Date: 12/11/98 1:28 PM Dear Sirs: I strongly support the adoption of proposed SEC rule 17j-1, (Personal Investment Activities of Investment Company Personnel and Codes of Ethics of Investment Companies and Their Investment Advisers and Principal Underwriters, Release No. 33-7212, S7-25-95) which would require greater disclosure of the compensation and share ownership information of mutual fund managers and their investment organizations. I'm surprised to learn that this disclosure information is not currently required. Mutual fund managers and their investment companies should be held to the same standards as corporate executives. I urge you to adopt and implement this rule quickly. To Senators Wyden and Smith, please update me on your thinking regarding this issue and any action you are taking or feel may be necessary to take regarding this matter. I recently became aware of this issue via the following links on the web: http://www.quicken.com/investments/cbswatch/farrell_funds http://www.SEC.gov/rules/propridx.htm http://www.SEC.gov/rules/proposed/17j-1.txt Thank you, Adam Zielinski 6925 SW Corbett Ave. Portland, OR 97219-2307