From: Bernard Wolfman [wolfman@law.harvard.edu]
Sent: Tuesday, January 21, 2003 8:59 AM
To: rule-comments@sec.gov
Subject: File No. S7-49-02

I have just learned that on January 9, 2003, The Conference Board's 
Commission on Public Trust and Private Enterprise issued Findings and 
Recommendations regarding corporate governance and audit and accounting 
issues.  With respect to specific audit and accounting issues, it made 
a number of "best practice" recommendations including:

"6.  Services Performed by Accounting Firms.   The Commission believes 
that public accounting firms should limit their work to audits and 
services closely related to the audit, and avoid any services that 
would put the auditors in an advocacy position, including creating 
novel tax strategies or products that involve tax shelters or extensive 
off-shore partnerships or affiliates."

If you would, please include this message as a supplement to my 
Comment of December 11, 2002.  

Thank you.

Bernard Wolfman
Fessenden Professor of Law
Harvard Law School
Cambridge, MA  02138
Tel:  (617) 495-4623
Fax: (617) 496-4002