Abelian fermion models described by the SLAC action are considered on a
finite 2d lattice. It is shown that modification of these models by introducing
additional Pauli - Villars regularization supresses nonlocal effects and
provides agreement with the continuum results in vectorial U(1) models. In the
case of chiral fermions the phase of the determinant differs from the continuum
one.Comment: 16 pages, LaTeX, 5 eps figures, uses epsf.sty, rotate.st