From: ccrowder@gcr.com
Sent: Wednesday, June 27, 2001 12:58 AM
To: rule-comments@sec.gov
Subject: Comments on Mutual Fund tax info and Selective Disclosure of
Insider Trading

I've been meaning to write for some time. Checking out the Motley Fool
website today inspired me to get around to it finally.

As an individual investor I wholeheartedly support the regulations passed
late last year in respect of Selective Disclosure & Insider Trading.
Specifically as they are intended to level the playing field with the
investing "professionals." I'm sure you will continue to hear them crying
about losing that advantage. And thats just what it was. In my business
when I think someone is trying to negotiate a deal that is patently unfair
to me I'll offer to swap sides of the deal. What would Wall Street say if a
new SEC rule was that they would find out selective insider information
after all the people who aren't their clients had been briefed? They'd
scream bloody murder. But put the shoe on the other foot and they love the
way it fits. No surprise there.

I also would like to voice my support of your decision to require Mutual
Funds to disclose in a standard process the effect of taxes on their
investment returns. This is often a material issue  and can vary
dramatically from fund to fund depending on their investment strategy and
execution.


Christopher J. Crowder