Subject: S7-01-23: WebForm Comments from Conrad Wald
From: Conrad Wald
Affiliation:

Mar. 15, 2023



March 15, 2023

 Dear SEC,

I am a Household investor. The tools and abilities that I have to participate in securities markets are limited compared to intuitional investors that, can utilize CDO's, credit default swaps, and mass short selling. All of which are activities that can be used to defraud Household investors and the American people. With countless more instruments at their disposal, institutional investors must, under all circumstances, be held accountable for conflicts of interests.

Making an exception to  the rule for \"risk-mitigating hedging activities, bona fide market-making activities, and liquidity commitment,\would allow the largest contributors of conflict of interests in our markets to be allowed to continue their practices, that are inherently conflicts of interest, which defraud the Household investors and the American Public.

Provide no exception for the proposed rule.