Date:    01/17/2000  9:08 PM

Subject: Proposed regulation FD  file no. S7-31-99
 
Please enact and enforce any regulations necessary to ensure that selective 
disclosure is eliminated. Selective disclosure is just as unfair to the 
investing public at large as is insider trading. Make market information 
available to all at the same time! Severe fines should be put in place to 
make it prohibitive to selectively disclose information.
Thank you!
Fred R. Welsh