Date:    03/24/2000  7:06 PM

Subject: In favor of Proposed Regulation FD

I would like to express my opinion as being in favor of the SEC's 
proposed
new rules under file number S7-31-99.
     
I strongly suport the idea of levelling the playing  field for 
individual investors
by ensuring that material information is provided to all investors at 
the same time.
     
Furthermore, I find the objections of the SIA to be disingenous and 
insulting.
New rules are needed. This unfair situation has cheated the public, and 
enriched a very small number of beneficiaries too long.
     
Much appreciation for the efforts of the Securites and Exchange 
Commission,
and Chairman Arthur Levitt. I applaud the chairman's proposal to open up 
the
dissemination of news from corporations. Selective disclosure of 
material facts
must be stopped. Selective disclosure has enabled  professional 
institutions to
profit at the expense of the investing public.
     
Please make investing fair for all.  Demand full disclosure from 
companies.
Enact Regulation FD.
     
Sincerely,
Michael J. Song
2345 Park Ave.
Des Moines, IA  50321