FOR IMMEDIATE RELEASE                             2000-159


 SEC Staff Releases Interpretive Guidance for Regulation FD


     Washington, DC, October 19, 2000 - The staff of the
Securities and Exchange Commission's Division of Corporation
Finance today supplemented its Telephone Interpretations
Manual to include some frequently asked questions about the
Commission's new Regulation FD.  Regulation FD was adopted
by the Commission on August 10, 2000, and will become
effective on October 23, 2000.   The new supplement may be
found, along with the Telephone Interpretations Manual and
earlier supplements, on the SEC's website (www.sec.gov) at
Current SEC Rulemaking/Other Commission Notices and
Information.

     The telephone interpretations include responses to
questions given by members of the staff, are informal in
nature, and do not necessarily represent the views of the
Commission.  As the staff receives additional questions
concerning Regulation FD, it may add to or revise the
interpretations.  Anyone with a question concerning
Regulation FD or the supplement should call the Division of
Corporation Finance's Office of Chief Counsel at (202) 942-
2900.


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