Date:    03/22/2000  9:03 AM

Subject: Proposed Regulation FD

Dear SEC--
     
I strongly support all efforts to decrease or eliminate selective disclosure 
of company information.  As many more small investors open accounts or begin 
to trade online, it is terribly important that they have the assurance that 
the system is not rigged against them.  I have no objection to brokers making 
all the money in the world provided that they do so on the basis of sound 
judgement and superior analysis of generally available information.  But if 
brokers gain an advantage through selective disclosure that's just not right, 
and, more than this, it creates an inefficient market which ultimately hurts 
us all.
     
Thank you very much for this opportunity to comment.
     
Paul R. Smyth
1207 Prescott Drive
E. Lansing, MI 48823