Date:    01/24/2000  7:47 AM


Subject: Selective Disclosure S7-31-99


Dear Sir/Madam:
     
I heartily support Selective Disclosure and Insider Trading Regulation 
File No. S7-31-99.  The continual and constant abuse of trading on 
insider information by the entrenched brokerage and investment 
establishment is an affront to every American.  That such practices 
occur on a daily basis with the apparent (until now) sanction of the SEC
is scandalous.
     
Nowhere is the abusive practice of trading on insider information more 
apparent that in the practice of so-called "private investment 
conferences".  These "conferences" are little more than protected scams for some 
special few to collude to trade on otherwise privileged insider (i.e. 
non-public) information.
     
I heartily support leveling the playing field with Regulation FD and 
your dedication to the stated purpose of the SEC:
     
"We are the investor's advocate"  -- William O. Douglas,
                                                                  SEC
Chairman, 1937-1939.
     
     
Sincerely yours,
     
Kenneth D. Tartof
American Citizen and Investor