July 3, 2002
14343 Spa Drive
Huntington Beach, CA 92647
Jonathan G. Katz
Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549-0609
Comment to File No. S7-24-02, the "PAB proposal"; via e-mail
Dear Mr. Katz:
Thank you for taking comment on the PAB proposal.
In respect for Congress' work on its own accounting-oversight bill, and in light of the Worldcom accounting scandal announced the night before the public finally saw the details of this proposal the Commission should withdraw this proposed rule and instead work with Congress on a more robust statutory solution.