Subject: File No. 265-31
From: Michael Kruger
Affiliation:

Oct. 15, 2018

To Whom it may Concern: 


I am a private investor and wish to express my opposition to Brett Redfearn's recent idea to delist all OTC stocks which haven't put out financials in the past six months. There are many legitimate businesses which would be delisted under such a rule. This would add one more headache to companies which otherwise might look to the public markets for capital. Bad for investors, bad for jobs. 


Best, 





Michael Kruger, CFA 

[redacted]
350 7th Avenue, 14th Floor 
New York, NY 10001