Subject: Re: s Proposed Regulation #17j-1. Author: "Ralph Wilson" Date: 1/6/99 8:48 AM While I must admit that I do not entirely understand the full document, I have gathered that there will be an increased disclosure requirement which would provide additional decision making information regarding the transactions and holdings of the managers of funds in which I may be considering investing and I am whole in favor of these requirements, as I understand them. In other words (i.e. words other than the legalese resembling the document itself), I feel that any step toward full disclosure of the compensation received, directly or indirectly (due to trading knowledge and/or control), by the fund managers is a good thing and should be required.