Date:    01/13/2000  2:34 AM

Subject: S7-31-99, Proposed Disclosure Regulation
 
Without a doubt, ending selective disclosure of material information is 
a desirable step toward making publicly-traded securities' markets more 
honest and impartial.  The information-distribution infrastructure is in 
place.  It would be helpful that publicly-traded companies would inform 
at least two or three of the major news and business news organizations 
at the same time of material events or plans, or of up-coming times
and venues of announcements, conference calls, etc.  But regardless of 
implementation details, the proposed regulation is needed to help stop 
the ugly, un-democratic, advance-of-public-disclosure buying and selling 
that is so evident to the stock-trading public.  The fraction of one- 
percent population privy to pre-publicly disseminated information pales 
against the huge percentage of stock-buying taxpayers and voters not 
privy
to selective disclosure.  The status quo is certainly not democratic; it 
is
not in keeping with the ideals that America tries to nurture.
     
My family, friends, and I fully support Fair Disclosure. 
     
Juan R. Rodriguez
Accountant
San Diego, CA