Date:    01/15/2000  1:37 PM

Subject: S7-31-99

Regarding selective disclosure, I am strongly IN FAVOR of implementation of 
the
rule. I cannot even fathom why ANY person or entity should receive advance 
know-
ledge of ANY kind at ANY time....ALL interested parties should receive 
identical
information at identical times.   Thank you.
                                            Robert D. Balfanz
                                            15108 Canyon Crest
                                            Dallas, TX 75248