Date:    12/19/1999  3:15 PM

Subject: Proposed Regulation FD

To Whom It May Concern:  For most of my life I avoided investing in the 
stock market because I felt it was a game rigged to benefit the wealthy 
few. Books like "The Wall Street Jungle" (sorry, have forgotten the 
author) - late '60s-'70s helped convince me of such.
     
With the changes of the the last decade my wife and I are now investing 
and we want to encourage the younger generations to do the same. We 
think it is in their interest as well as for society as a whole. 
However, it is difficult when people raise the issue that the 'game,' 
though improved, is still rigged against the individual investor.
     
All the socio-historical-economic evidence suggests we are entering a 
new era. For a variety of reasons that I assume are obvious, please help 
to eliminate the selective disclose process. There really is no good 
reason to perpetuate this unfair advantage that financiers possess 
(except of course their own self-interest). Clearly this change would 
help foster a more genuine competitive financial/economic process, 
reward people more on the basis of merit rather than 
'social/professional position' (which is truly Medieval if you think 
about it!), encourage an even larger portion of the population to become 
investors, and, finally, further the American 'historical' mission 
vis-a-vis the rest of the globe.
     
Best Regards,
     
David Pugh