Date: 4/7/99 10:39 AM TO: WEBINPUT at SEC4A Subject: File No. S7-5-99 ATTN: Jonathan G. Katz Secretary, Securities Exchange Commission Dear Mr. Secretary, I am writing to you in my capacity as Executive Vice President and Secretary of Financial Intranet, Inc., regarding the proposed amendments to SEC Rule 15c2-11. I understand that the proposed amendments would severly deter legitimate market makers from trading in OTC stocks by placing the onus (and unlimited liability) on them for the accuracy and truthfulness of financial information in the issues they trade. Financial Intranet, Inc. (OTCBB:FNTN) fully understands that measures must be taken against scam and fraud "companies' who seek to defraud the individual investor. However, the proposed amendments would cause a mass exit of legitimate market makers from trading in OTCBB stocks. This would seriously harm many investors who have already put capital into companies like FNTN. We have been publicly traded on the OTCBB since December, 1996. We currently have over 2000 shareholders. We handle all Investor Relations in-house since we have an inherent mistrust of IR firms in this arena. We have an SB-2 registration filed at the SEC, comments have just come in. We hope to become effective and become fully reporting in the next few months. We are an FCC tariffed reseller of international and domestic long-distance phone service. We are also tariffed in the States of New York, California, Florida & Texas. Our 3-member Board of Directors includes two outside, prominent individuals who are known and respected in the international business community. In short, we are working very hard, with the resources we have, to build this corporation. We will be seeking to raise capital through the above-referenced registration of shares. A market and liquidity are key factors in maintaining shareholder value, and in successfully completing this offering. The proposed amendments would severly affect our ability to complete these plans, which we view as another milestone in our journey to fulfilling the criteria to achieve NASDAQ status. Our shareholders have access to our facilities. Some have visited and inspected our data center. A good number came to our Annual meeting, which we also video-taped and hosted on our web site, for the convenience of those who couldn't make the trip. They have invested in a company whose business plan they feel is sound. The proposed amendments would harm them considerably; and would put companies like FNTN and other legitimate businesses out-of-business. In closing, we feel that the 'scamsters" should be taken down. But DO NOT take the rest of us with them. Please put an end to the amendments to Rule 15c2-11. Thank you for your attention to our concerns. Sincerely, Maura Marx Executive Vice President Financial Intranet, Inc.