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.................................  Menu List.
...................................  Ordered List--Includes numbers.
....................................  Paragraph.
............................  Plain Text.
..................................  Preformatted Text.
.................................  Sample--Uses fixed width font--Like .
...............................  Strikethrough.
...............................  Strong--Similar to bold.
...................................  Teletype--Uses fixed width font--Like .
....................................  Underlined.
...................................  Unordered List--Bullets only.
..................................  Variable--Uses fixed width font--Like .
..................................  Example--Same as .
..................................  Big Text--Increases font size.
..............................  Caption--Can only be used with tables.
...............................  Centers elements between tags.
..................................  Definition--Like .
..................................  Division--Helps separate a document into parts.
.................................  Allows alteration of font contained within tags.
................................  Small Text--Decreases font size.
..................................  Subscript.
..................................  Superscript.
................................  Table.
                                         Note: No HTML documents with nested  tags are to be accepted or
                                          disseminated by EDGAR.]
...................................  Table Data or Cell.
...................................  Table Header--Displayed in bold.
...................................  Table Row.
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                              [Acceptable Legacy SGML Tags--Within HTML Documents]
 
           Non-standard tags                                            Definition
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.................................  SGML tag for page markers (browsers will ignore this tag if present).
....................................  [Note: The  tag can also be represented as &ltR&gt.]
...................................  [Second Note: The  tag will not be publicly disseminated; it is for
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Appendix B--Regulatory Flexibility Act Certification

    I, Arthur Levitt, Chairman of the Securities and Exchange 
Commission, hereby certify, pursuant to 5 U.S.C. 605(b), that the 
proposed amendments to Rules 485, 486, 487, 495, and 
497,63 and Form S-6,64 under the Securities 
Act of 1933 (``Securities Act''),65 Rules 10, 11, 101, 
102, 302, 303, 304, 305, 306, 307, and 310 of Regulation S-T 
66 under the Securities Act, Schedule 14A 67 
under the Securities Exchange Act of 1934 (``Exchange 
Act''),68 Rules 8b-23 and 8b-32,69 and Form N-
SAR,70 under the Investment Company Act of 1940 
(``Investment Company Act''),71 and Forms N-1, N-1A, N-2, 
N-3, N-4, and N-5 72 under the Securities Act and the 
Investment Company Act; and the addition of new Rules 104, 105, 106, 
and 107 under Regulation S-T, as set forth in Release Number 33-7653 
(together, the ``Proposals''), if adopted, would not have a 
significant economic impact on a substantial number of small 
entities.
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    \63\ 17 CFR 230.485, 486, 487, 495, and 497.
    \64\ 17 CFR 239.16.
    \65\ 15 U.S.C. 77a et seq.
    \66\ 17 CFR 232.10, 11, 101, 102, 302, 303, 304, 305, 306, 307, 
and 310.
    \67\ 17 CFR 240.101.
    \68\ 15 U.S.C. 78a et seq.
    \69\ 17 CFR 270.8b-23 and 8b-32.
    \70\ 17 CFR 274.101.
    \71\ 15 U.S.C. 80a-1 et seq.
    \72\ 17 CFR 239.15 and 274.11, 17 CFR 15A and 274.11A, 17 CFR 
239.14 and 274.11a-1, 17 CFR 239.17a and 274.11b, 17 CFR 239.17b and 
274.11c, 17 CFR 239.24 and 274.5.
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    The Proposals generally would not have a significant economic 
impact on a substantial number of small entities because they would 
only provide filers additional options for making their submissions 
on the Commission's Electronic Data Gathering, Analysis, and 
Retrieval (``EDGAR'') system, which they may choose to use on a 
voluntary basis; codify several existing interpretations and 
practices relating to the preparation, filing, and processing of 
electronic documents; remove the requirement for submission of a 
financial data schedule exhibit for certain filings made by 
investment companies; and make technical corrections to current 
rules. Therefore, the Proposals would not have a significant 
economic impact on a substantial number of small entities within the 
definitions of ``small business'' and ``small organization'' 
(together, ``small entities'') set forth in Rule 0-10 73 
under the Investment Company Act, Rule 0-7 74 under the 
Investment Advisers Act of 1940,75 Rule 0-10 
76 under the Exchange Act, and Rule 157 77 
under the Securities Act.

    \73\ 17 CFR 270.0-10.
    \74\ 17 CFR 275.0-7.
    \75\ 15 U.S.C. 80b-1 et seq.
    \76\ 17 CFR 240.0-10.
    \77\ 17 CFR 230.157.

    Dated: March 10, 1999.
Arthur Levitt
[FR Doc. 99-6277 Filed 3-15-99; 8:45 am]
BILLING CODE 8010-01-P