Date:    06/20/2000  4:47 PM

Subject: SEC Concept Release 34-42037, File #S7-24-99

As a long-time investor in the OTCBB market, I (like many others) have found 
it very frustrating to witness the outright fraudulent and manipulative 
behavior exhibited by Market Makers (MMs).  They may deny it and so may 
others, but witnessing a stock price that drops 30% on a volume of 10k 
shares is just plain ridiculous.  I have seen many such instances, and it 
makes me literally want to wretch.
     
This proposal referenced above is an important step in making the playing 
field a much much more fair one.  We, as investors, have enough of a 
challenge in picking the right companies in which to invest our hard-earned 
money.  Having to fight the MMs as they blatantly manipulate a stock is just 
too much; the rules that govern the NASDAQ should be prevalent on the OTCBB 
market as well.  The requirement for all OTCBB companies to be fully SEC 
reporting was an important step.  Eliminating MM naked shorting is the next 
logical step to protect the interest of the investor, which, after all, is 
the entire purpose of the Securities and Exchange Commission.
     
Thank you for your attention.
     
Sincerely,
Todd Grimmer