Subject: File No. S7-16-98

Date:    8/7/98 2:31 PM
     
     
Mr. Jonathan G. Katz
Secretary
Securities and Exchange Commission
     
Dear Mr. Katz:
     
I was encouraged by Michael A. Conway, CPA, Chair - SECPS Executive Committee, 
to comment on the proposed rule amendment of Rule 102(e) of your Rules of 
Practice.
     
Our profession has taken extreme care to provide a self-policing mechanism in 
order to ensure that the best possible product is delivered to our clients.  The
AICPA has provided many good reasons why the proposed rule amendment would not 
be a good idea and I support them.
     
It would be far better, for investors and accountants alike, if the Commission 
instead were to adopt the approach urged in the AICPA's rule making petition and
sanction accountants only in the event of a knowing or conscious and deliberate 
violation of applicable professional standards or a pattern of misconduct that 
can be shown to create the required risk to the Commission's processes or the 
financial reporting system.
     
Very truly yours,
     
     
     
Charlie M. Meeks, CPA