SL(2,Z) multiplets in N=4 SYM theory

We discuss the action of SL(2,Z) on local operators in D=4, N=4 SYM theory in the superconformal phase. The modular property of the operator's scaling dimension determines whether the operator transforms as a singlet, or covariantly, as part of a finite or infinite dimensional multiplet under the SL(2,Z) action. As an example, we argue that operators in the Konishi multiplet transform as part of a (p,q) PSL(2,Z) multiplet. We also comment on the non-perturbative local operators dual to the Konishi multiplet. (author)