Subject: (Concept release concerning eliminating rules that restrict Author: "JoAnn McKenzie" at Internet Date: 10/26/99 6:37 AM It is my understanding that the SEC has issued a concept release soliciting industry views on modifications to its Rule 10a-1. I am an investor of some thirty years retaining Dain Rauscher as my brokerage firm. More recently I also am participating in the markets by daytrading at an office here in Austin, Texas. My husband and I have been small business owners and operators for 30 years, and having retired, we are enjoying second careers as investors and traders. We strongly support revision of the rule - to allow short selling without the requirement of an uptick. The current rule provides a continuing advantage to professional traders, market makers, and specialists while denying the individual investor an opportunity to participate on a level playing field. Thank you for your consideration. JoAnn McKenzie 4008 Enclave Mesa Circle Austin, TX 78731 512/795-9688 fax 512/795-9689 cellular 512/633-0688