  We {works done in collaboration with C.S.Kim, Yonsei Univ., Seoul, Korea}
present some properties of the SM with two Higgs doublets. Unlike the minimal
SM, the Yukawa couplings (in the usual ``type II'' model) converge with the
increasing energy to flavor democracy (FD), i.e.~to common values, in a
specific flavor basis. This may represent a possible signal of some new,
(almost) flavor-blind physics beyond the SM. When imposing the assumption of
equality of the corresponding quark and leptonic Yukawa couplings at high
transition energies, we can estimate the physical mass of the tau-neutrino as a
function of $m_t$ and the VEV ratio. Furthermore, such an assumption would
effectively rule out the existence of the 4th generation of fermions.
  We {work done in collaboration with P.Overmann and E.A.Paschos, Dortmund
Univ., Germany} also investigated the most general framework of the SM with two
Higgs doublets such that no flavor-changing neutral currents (FCNC) occur at
the tree level. Finite 1-loop-induced FCNC (and CP-violating) effects, when
confronted with experimental con- straints from the physics of K and B mesons,
provide us with constraints on the values of the dominant Yukawa couplings of
the charged Higgs with the top quark. In the usual, more restrictive, ``type
II'' model, this would imply certain constraints on the value of the VEV ratio.
