Subject: File No. 265-28
From: Stephen Hardesty
Affiliation: Mr.

May 5, 2016

I would like to see the cost of/fees for my investing activity reported/stated in dollars and cents rather than as a percentage. I would also like to see my cumulatuve yearly expenses reported for each of my accounts.To date, I have to keep running totals of expenses which more often than not do not agree with any amount stated on brokerage statements. The spread between my figures and the brokerage are always in the brokerage's favor.This leds me to believe there are hidden/unreported charges. All I would ask is fair and full reporting and not just at year's end at a minimum quarterly,preferably as a running total for the year. Thanks for considering these ideas.