Mar. 15, 2023
March 15, 2023
Dear Commission. NO EXCEPTIONS SHOULD BE ALLOWED. The amendment to allow market makers and special participants to have a loophole for market liquidity DEFEATS the whole purpose of the new rule.
There seems to be conflict of interest and market makers and those related to market makers that would be regulated from these new regulations should in fact be barred from making any suggestions or comments. But yet you do and put their suggestions on higher weight than retail investors that you are suppose to protect.
These new exceptions do not protectvretail investors but rather makes market makers have a monopoly on market mechanics to do as they wish to siphon wealth from all investors.
The loophole must be removed NO exceptions should be allowed by any participate else may as well not pass any of your new rules/laws. Same with finra always making exceptions to market makers.