November 9, 2009
To the SEC:
Please do not approve CBOE's new "C2" option exchange until the CBOE adequately disciplines its members for their large number of SEC Firm Quote violations (see emails below).
In my opinion, the CBOE has attempted to "manage down" these violations that have been perpetrated on the public.
Most significantly, the new C2 Rules seek to diminish the public's priority in option trading. This is the very issue the CBOE has abused in the past.
Thank you, Bryan Rule Public Options Trader