Subject: Comments on environmental reporting (GAAP)

Date:    05/15/2000 12:32 PM
     
     
I understand that the Securities Exchange commission is allowing a 
comment period on proposed rule changes to the generally accepted 
accounting principles regarding environmental disclosure. This comment 
refers to this rule change.
    I wish to state emphatically that the SEC should NOT relax the rules
in favor of the seemingly weaker International Accounting Standards 
Committee rules.
     Relaxing U.S. rules to reach a common denominator would obtain no
benefit while losing a valuable asset: It would not advance global 
agreement on environmental accountability but would erode shareholder 
needs.
    I am an American living in Canada with a small amount of
investments. Such standards help me in my efforts to invest in a 
socially responsible manner, letting my money and need for retirement 
security remain in line with my values.
  Thank you for the opportunity to comment. By the way - your website is
difficult to navigate - I could not find information on the reporting 
changes. My information comes from several other sources, most notably 
the news release of Pollution Online.
     
--
Grin at life!
     
Randy Haluza-DeLay
School of Outdoor Recreation, Parks and Tourism 
Lakehead University
955 Oliver Rd
Thunder Bay, ON P7B 5E4