From: Durant, Larry (HRRM) [mailto:larry_durant@hctx.net]
Sent: Thursday, March 25, 2004 8:53 AM
Subject: S7-11-04:

As an administrator of a 457 plan for Harris County Texas I disagree with this proposed rule. The Mutual Funds were responsible for the trading abuses and not the small investors. This rule will only benefit the Mutual Funds and remove the benefits of perfectly legal trading from the hands of the millions of small independent investors. An investors right to buy and sell should not be deterred during normal trading hours and the free market should be permitted to continue.