Date:    01/10/2000  12:41 PM

Subject: Proposed Regulation FD

I commend your efforts on trying to level the playing field for all 
investors including the individual investor.  Selective disclosure to 
Securities Analysts is not the only activity that needs to be 
addressed.  I think that large Mutual Funds such as Janus, Fidelity, 
etc. have access to the senior management of most major corporations 
that the average individual investor is denied.  This gives them access 
to futures related information about specific companies that is not 
normally published in the media or otherwise made available to the 
general public.  I understand why the corporations would want large 
investors such as those previously mentioned to buy their stock as it 
would certainly drive the price up due to the large demand that would 
result.  The individual investor would not know what the basis of the 
increase would be until much later.  I hope this is another area that 
the SEC is evaluating under this topic.
Thank you
Thomas Reid