Dear Mr. Katz,

I own a third party administration firm and service about 150 - 401k retirement plans for small to mid size employers. Although there is concern about the late trading in mutual funds, there is a greater concern about not being able to trade their accounts up to the 4:00 trade deadline. Please see letter attached in MS word 2000 format. I have also received significant input from individual taxpayers during outreach in my role as a member of the TAXPAYER ADVOCACY PANEL as set up by US Treasury and the IRS.

Thank your for your consideration,

Larry R. Lexow, CFS, CLTC

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1414 Main St.
Springfield, MA 01144-1013.
(413) 737-8400

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