7717 Old Chester Rd.
Bethesda, Md. 20817
March 27, 2000
The Securities and Exchange Commission
Office of Investor Education and Assistance
450 Fifth Street, NW
Washington D.C. 20549
RE: S7-31-99 Selective Disclosure and Insider Trading
Dear Sirs:
I am in favor of the proposed regulation that includes the public, as opposed selective disclosure to specific annalists, in situations where and when a public company discloses information that materially affects the company's stock.
I am pleased that the SEC is proposing to change the present situation that favors select brokerage companies over the public in obtaining disclosed information.
I am affiliated with the Food and Drug Administration as a Consumer Safety Officer.
Sincerely.
Warren Rumble