From: Manish Khatta [mkhatta@potomacfund.com]
Sent: Tuesday, March 09, 2004 10:52 AM
To: rule-comments@sec.gov
Subject: S7-11-04: 

I think that what the SEC is doing is going to hurt individual investors and 
reward the mutual fund industry.  The SEC is so quick to enact rules that in the 
end hurt the people they want to protect.
 
The mutual fund industry will laugh it's way to the bank.
 
Investors in the early years of retirement take monthly withdrawals that will now 
run into issues in actively managed programs.  Who is this law supposed to 
protect?
 
Manish K. Khatta
Operations Manager/Investment Advisor Rep.
Potomac Fund Management Inc.
1-888-768-6622 x229
http://www.potomacfund.com/

"Helping Investors Grow Assets Through Risk Managed Investment Services"