Subject: File No. S7-24-99 

Date:    11/29/99 9:39 AM
     
     
Hello,
    I appreciate the opportunity to comment on proposed rule changes 
regarding the OTC market. I will not pretend to comprehend the mechanics of 
trading on the OTC especially the BB stocks which have some sort of innate 
ability to trade millions of shares with no movement and often no indication 
of buy or sell. 
    As a novice to online trading with precious little to trade I thought it 
wise to buy penny stocks. Doing DD (I learned some of the slang on the 
message boards) is not always that easy for many of these stocks so I chose 
stocks that appeared to promote a product or service that I felt good about. 
Little did I know that these stocks could be manipulated, pumped and dumped, 
hyped, bashed and controlled by MM's to the extent that even if the company 
was legit it might never make it due to what should be illegal manipulations. 
    Please exercise your options to impose honesty, fairness and a level 
playing ground on all markets with my blessing.
     
Thank you,
Hank Vaillancourt
Westport, MA