Subject: File No. CLL-15
From: Stephen Murray

Stephen Murray Retired IBEW member. Let's not go backwards .Financial reporting was brought about after the great depression for a reason. SEC mandated the quarter reports in 1970 . Now more than ever ,in these fast paced business cycles,it is absolutely necessary. Let's not forget lesson from the past . In my time that includes S & L,dotcom implosion ,housing crisis,global pandemic...Let's not give these companies the cover they seek. Only beneficiaries to this are corporations. Not the public. Thank you