Date:    12/17/1999  1:48 AM
Subject: Proposed Regulation FD

I was gratified to see the SEC proposing a rule against selective disclosure. 
I am a retired Federal civil employee and also a retired former regulater in 
the sense that I formerly was the Pacific District Director for the Federal 
Maritime Commission. I know first hand how strong the regulated industries 
can influence the regulator, however, I know also that regulators are bound 
by the public interest, and generally ignore that at their peril.  As an 
investor holding a modest amount of stock for the past five years I have 
noted many instances where a company will not open its post earnings 
conference calls to its owners, or selectively in a private forum disclose 
material information.  By the time the public learns the facts two or three 
days later significant price action has already occurred. This is not right. 
I endorse your proposed rule.  Signed Leonard J. Nordgren of Rodeo CA with an 
Internet handle of YezoLenny@AOL.com