From: K_M_Davis@fpl.com
Sent: Thursday, May 23, 2002 4:03 PM
To: rule-comments@sec.gov
Cc: Daisy_Jacobs@fpl.com
Subject: File No. S7-08-02

Dear Mr. Katz:

FPL Group appreciates the opportunity to respond to the Securities and
Exchange Commission's proposed rule regarding acceleration of period report
filing dates and disclosure concerning website access to reports.  FPL
Group is a public utility holding company.  Its operations are primarily
conducted through Florida Power & Light Company, one of the largest
investor-owned electric utility companies in the nation, serving about half
the population of Florida.  The Company also owns and operates independent
power facilities through its unregulated power generation subsidiary, FPL
Energy, LLC.

Acceleration of Form 10-K and Form 10-Q Filings

FPL Group strongly opposes the proposal to shorten filing deadlines.  While
we understand that filing deadlines have not changed in the past 30 years
and that technology improvements have made preparation and distribution of
the document easier, these efficiencies have been more than offset by the
increase in the complexity of the business and in disclosure requirements.
The time spent preparing periodic filings includes time required to
understand and analyze financial information, comply with the various and
increasing disclosure requirements, and allow for thorough review by our
audit committee, independent auditor and legal counsel.  Accelerating the
filing requirements would allow less time to thoroughly analyze financial
statements to ensure that the proper disclosures are made and would allow
less time for the reviews that are critical to ensuring a quality filing.
We believe that this proposal conflicts with the Commission's desire to
provide meaningful, complete and transparent financial reporting to
investors and strongly urge the Commission to not change the current filing
deadlines.

Website Filing Requirements

FPL Group supports the requirement that SEC filings be made available on a
registrant's website as soon as reasonably practicable after filing, and
provides such access today on our website.  We agree that a key benefit of
the Internet is that registrants can make information available to many
investors on a timely basis.  We believe however, that the requirement
should be to make the filings available within one business day after
filing, rather than within the same day as proposed.  This time is needed
to prepare the file to be posted to the website.

We also believe that the SEC should allow immediate access to registrant
filings via EDGAR instead of the 24-48 hour delay that exists today.  The
SEC's website is the most logical place for investors to obtain all
documents filed rather than having to go from company website to company
website.


Respectfully submitted,

 K. Michael Davis
Controller and Chief Accounting Officer