Date:    12/16/1999  9:10 PM
Subject: Proposed Regulation Fair Disclosure

Sir,
Leveling the playing field for the individual investor is the right thing to 
do!!!!!!!!!
     
It's hard to believe we have allowed such a great injustice to occur for 
such a long period of time...of course whenever an issuer intentionally 
discloses material information, it should do so through public disclosure, 
not through selective disclosure; and
whenever an issuer learns that it has made a non-intentional material 
selective disclosure, the issuer make prompt public disclosure of that 
information.
     
In your own words, Mr. Levitt, "the basic principle of fairness deserves no 
less" than to lead this proposal into a reality.
Thanks for your courage on this issue...it takes a brave man to face the 
greedy wolves and tell them "no more."
Theodore J. Daley, CPA, MBA
708 Watson Ave
St Paul, MN 55102
(651) 292-8160
tjdaley@uswest.net