Subject: File No. S7-16-98 Rule 102(e) Comments

Date:    8/17/98 8:27 AM
     
     
Dear Secretary Katz:
    I was recently made aware of the current effort to amend the above
referenced rule in governing the conduct of accountants and other 
professional's before the SEC.  In reading the data provided concerning 
the proposed changes, it is agreed that sanctions should be issued in 
cases where the integrity of the financial reporting system is 
compromised, or it is evident that the acccountant or other professional 
has intentionally disregarded established reporting guidelines.
     
    I, however, hope that the SEC would establish firm guidelines in
defining what "improper professional conduct" to not include an isolated 
incident of misjudgment or error in judgement, but rather an established 
disregard for professional standards, and intentional violation of 
reporting requirements which has resulted in a misstatement of 
financials.
     
Sincerely,
     
Ronald P. Lege CPA