Date:    01/09/2000  8:38 AM

Subject: proposed regulation FD

From what I read below from your web site, I am 100% in favor of 
Regulation FD.  Too many times is the little investor left to the 
mercies of the market because the big investors had information that is 
just as needy and useful to the little guy.  This would be a major step 
in leveling the field for everyone.  Just because an investor in a 
public company is a large money entity doesn't mean he should have 
priority to information on a PUBLIC company.  That is definitely unfair.
     
Thanks for proposing this regulation and I most certainly hope it 
passes.
     
Richard Maxon

     
+++++++++++
The Commission is proposing a new Regulation FD (Fair Disclosure), which 
does not treat selective
                 disclosure under insider trading laws, but rather
creates requirements for fair disclosure practices by
                 companies.
     
                 Proposed Regulation FD would require that:
     
                  (1)
                      whenever an issuer intentionally discloses
material information, it do so through public
                      disclosure, not through selective disclosure; and
                  (2)
                      whenever an issuer learns that it has made a
non-intentional material selective disclosure, the
                      issuer make prompt public disclosure of that
information.
     
     
                 Under the proposal, an issuer could make the required
public disclosure through one of several methods:
                 (1) filing the information with the Commission; (2)
issuing a press release; or (3) providing public access
                 (for example, by phone access or webcast) to the
conference call or meeting.