From: RStone1@aol.com Sent: Monday, February 10, 2003 9:30 AM To: rule-comments@sec.gov Subject: Comments (s7-51-02) A code of transparency needs further refinement by requiring all costs to the funds be stated openly, clearly and separately from the rest of the quarterly and annual report. The information must include any costs deducted from the funds and this is to be further shown as the costs per hundred dollars invested. Based on an interesting article in the NYT over the weekend many of these are either not reported, are buried and do not show up in the funds' cost. Please fix this.