The following Letter Type A, or variations thereof, was submitted by individuals or entities.

Letter Type A:

Dear SEC,

I am writing to express my strong opposition to the New York Stock Exchange’s proposed rule change (File No. SR-NYSE-2026-37) that would allow newly listed companies up to five years to establish an internal audit function.

Newly public companies are in a critical phase of building their governance systems and need independent assurance immediately, not five years down the road. Because most of these companies are already exempt from the Sarbanes-Oxley (SOX) auditor attestation, approving this proposal means retail investors will face five years of trading with absolutely no independent oversight over a company's internal controls. Furthermore, delaying this function deprives audit committees of their vital, independent channel of information apart from management.

The NYSE has provided no empirical data or cost-benefit analysis to justify weakening investor protections in this manner. I urge the SEC to reject this proposal and maintain the current one-year requirement to safeguard market integrity and protect public investors.

Sincerely,