Date: 03/31/2000 5:55 PM Subject: Regulation FD comment - File No. S7-31-99 As an active individual investor, I am enthusiastic about the proposed Regulation FD that aims to eliminate selective disclosure. Since the new technology has made it practical for companies to issue material information in a way that makes it universally available at the same time to connected individual investors, the old selective dissemination has become outdated. Not merely outdated but giving rise to needless unfairness and inefficiency. For my part, I applaud BestCalls' initiatives and wish to add my wholehearted two-cents-worth, please, to supporting urgent introduction of the proposed Regulation FD. George Warburg 820 Hartford Turnpike, Hamden, CT 06517-1600 george.warburg@snet.net