From: Mark Watterson [watterson@peoplepc.com]
Sent: Thursday, August 01, 2002 6:18 PM
To: rule-comments@sec.gov
Subject: File # S7-21-02

Dear SEC,
 
There are two problems with your certification rule.  One is major, the other is 
more major.
 
1.    By publicizing their company's financials, management has INHERENTLY ALREADY 
certified them!  Your new rule only duplicates the existing standards.
 
2.    Certifying "to the best of their knowledge" gives management a way out that 
nullifies the certification.  This is easy to verify.  How many of the corporate 
crooks of today are claiming ignorance?  Here's something to think about:  If the 
insiders are making millions of dollars in compensation, shouldn't "NOT KNOWING" 
alone be a crime?  If your reforms don't saddle ultimate responsibility on these 
people, then what good are YOU?
 
Mark Watterson
Dallas, TX
972-818-9004