Subject: File No. S7-06-04
From: Christopher L Wells
Affiliation: Senior VP, Asset Management Inc.

April 4, 2005

I have become aware of proposed new rules File number S7-06-04 that will require broker/dealers to provide customers with targeted information, at the point of sale and in transaction confirmation, regarding the costs and conflicts of interest that arise from the distribution of mutual fund shares, 529 college savings plan interests, and variable insurance products. I feel that the SEC has not given its members substantial time to review and debate the issues at hand and hear the voice of concern about the potential unintended consequences of the rulings. I hereby request that an extension be granted for further review by the SEC and a comment period after the proposed rules have been fully read and understood by the members.