From: jetliner [jetliner@mail.ev1.net]
Sent: Wednesday, October 30, 2002 12:16 PM
To: rule-comments@sec.gov
Subject: Disclosure Required by Sections 404, 406 and 407 of the
Sarbanes-Oxley Act of 2002 (s7-40-02)

>From my prospective as financial analyst, who has regularly read 
pro forma information and had to make decisions based upon it, 
those that seek to decieve will continue their pactice. Therein 
the public is ill afforded additional protection by new laws 
unless the new (and the old laws) are accompanied by more vigorous 
and diligent enforcement. 
Granted the public ( read investors) are all not as sophisticated 
as they may need to be, but ignorance is an ill advised defense of 
the pursuit of profits by deception. The Market has clearly 
reacted to criminals being led off in handcuffs, even if they have 
not been punished beyond public disclosure.
Any new law will surely find a creative mind who can find a way to 
both skirt the law and achieve their objective. Let the 
consequences of deception be the deterrent rather than creating 
another new law to evade.  

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