From: Rick Fankhauser
Sent: Wednesday, June 20, 2018 2:57 PM
To: OFM Performance and Planning
Cc: Help (OIEA Investor Complaints); dfw; comments@pcaobus.org
Subject: SEC - Request for Comment on Strategic Plan - Document what you do and do what you document

Re: https://www.sec.gov/files/sec-strategic-plan-2018-2022.pdf

While the plan is good, you are skewing from the mission of the SEC and PCAOB and that is insuring that Fraud does not occur within Securities being regulated and if it does, hold accountable and put reasonable controls in place so it doesn't happen again. As I tell people for most any endeavor "Document what you do and do what you document".

I have submitted much documentation showing where General Motors has committed accounting/audit fraud on a multi-million scale, but it doesn't seem to tip any interest at the SEC and PCAOB. This is easily within existing scope.

A new Strategic Plan will not improve performance, it just wastes resources, creates more meetings and paper. We have all been there.

I encourage you to look within current state and ask yoruself if you are performing the tasks you already are supposed to be doing. That is where the Strategic Plan should begin. Jumping to the next shiny object will only divert attention from what should be done now unless it joins logically.

Thank you

Rick Fankhauser
Six Sigma Black Belt, MBA