Here's the info from page 11 of the regs, special regs for Cook Inlet fresh and salt waters:
Attractors or Beads... In flowing waters of West Cook Inlet, Kenai Peninsula, Anchorage Bowl, Knick Arm, and Susitna River drainages (Cook Inlet drainage flowing waters) attractors (beads) when used with a fly, lure, or bare hook must be either fixed within two inches of the hook or free sliding on the line or leader. For proper spacing, see illustration. For the purposes of this section, a bead not attached to the hook is an attractor, not a fly.How I read that is that a bead CAN be used on the Russian, you just can't use a bare hook with it. You have to use a fly.
A bead fished on the line above a bare hook is not legal gear in waters where only flies may be used.
But it seems everytime I read the regs I come out with a different answer, so any insight by those in-the-know would be greatly appreciated.