Author: "Sarah Althoff" at Internet
Date: 05/04/2000 3:34 PM
Normal
TO: RULE-COMMENTS at 03SEC
Subject: File No. S7-12-00 - Comments
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I know certain clearing firms have opted out of the SIAC EBS system, and now use
exclusively the NASDR's EBS system. How will the NASDR's web-based EBS system
alter the scope and goals of Proposed Rule 17a-25?
Sarah E. Althoff
The Pacific Exchange
salthoff@pacificex.com
tel: 415-393-7951 fax:415-393-7888
Author: at Internet
Date: 05/04/2000 12:16 AM
Normal
TO: RULE-COMMENTS at 03SEC
Subject: Proposed Regulation FD: File No. S7-31-99
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Dear Sir or Madam-
I would like to add my comments to what I have been told are hundreds of
similar responses against "selective disclosure." I feel that for companies
to disclose information to a small and select group of analysts prior to full
disclosure is essentially insider trading and profoundly unethical. I
strongly support a regulation to ban selective disclosure and would support a
regulation that requires companies to disclose all information fully both to
"insider analysts" and to the public at large at the same time with equal
access for all. Please end "selective disclosure."
Sincerely,
Mark Deramo
Author: "Egan-Jones Ratings Co." at Internet
Date: 05/04/2000 7:16 PM
Normal
TO: RULE-COMMENTS at 03SEC
Subject:
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Egan-Jones Ratings Company
Providing ratings and research
Sean J. Egan, Managing Director
for enhanced investment results.
Tel. 610-642-2411 Fax 610-642-9185
May 4, 2000
U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Stop 6-9
Washington, D.C. 20549
[Email: rule-comments@sec.gov]
Re: File No. S7-31-99
Release Nos. 33-7787,34-42259, IC-24209
Proposed Rule: Selective Disclosure and Insider Trading
Ladies and Gentlemen:
We are in favor of extending the proposed Regulation FD to rating firms. It is
not clear to us that rating firms need inside information in order to assign
timely, accurate ratings. Furthermore the possession of inside information
creates the risk of potential abuses, regardless of firm policy.
The U.S. capital markets have benefited greatly from full disclosure and fair
play; the adoption of Regulation FD is a logical next step.
Very truly yours,
Sean J. Egan
Author: Carl Kabel at Internet
Date: 05/04/2000 10:58 AM
Normal
TO: RULE-COMMENTS at 03SEC
Subject: Crackdown on Disclosure
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To whom it may concern. My name is Carl Kabel, I do not think there
should a watered down version, or any loopholes on companies disclosing
sensitive market data to a select few, it's been going on too long. I
thank anybody who does it should go to jail, and loose everything just
like a person who gets caught with drugs, and everything is taken from
them. If the firms want to cut off the flow of information for fear of
being sued so be it. Louis Thompson, chief executive officer of the
National Investor Relations Institute ,and the rest that are against it,
shows you just how rampant this disclosure is. This so called
inadvertent disclosure should not be protected from liability.
Thank you
Carl Kabel
Author: Shirley Rogers at Internet
Date: 05/04/2000 3:38 PM
Normal
TO: RULE-COMMENTS at 03SEC
Subject: "Proposed Regulation FD: File No. S7-31-99"
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Please count one more vote favoring the proposal to STOP
selective disclosure prior to making the same information
available to individual shareholders.
Thanks,
Shirley C. Rogers
Ponca City, Oklahoma 74601
