Date:    06/28/2000  10:14 AM

Subject: File No. S7-09-00

After reading a report in the Motley Fool, I support the change in rules 
regarding Mutual Fund reporting.  I would like to see After-Tax Returns 
reported based on the highest Federal tax rates.
     
It is obvious that a mutual fund can impact the overall return in a taxable 
account based on the way they trade.  An After-Tax Returns number gives the 
investor a quick way to assess and compare funds when they are making 
taxable investments.
     
Thank you for including my input in your decision making.
     
Jeff Jones
Gilbert, AZ