Subject: File No. S7-38-04
From: Mark D Post
Affiliation: Private Investor

January 6, 2005

I am in favor of the current proposal to loosen the regulations restricting the amount and type of information investors receive about IPOs. I am also in favor of eliminating the quiet period. Companies with pending IPOs should be obligated to disclose critical information to the public. The current situation has the potential to lead to mass fraud. Thank you for considering my suggestions.
Mark Post
Private Investor