Subject: S7-01-23: WebForm Comments from Matthew Meyerson
From: Matthew Meyerson
Affiliation: Household investor and Software Engineer

Mar. 15, 2023



March 15, 2023

 To whom it may concern,

I'm writing to express my concern on the exceptions provided by this proposed rule to exclude market makers and liquidity providers from the restrictions of section 27B.

These exceptions provide an out for the exact type of bad actors that this section is intending to stop since hedging, market making, and liquidity providing inherently run off of and make money from shady market actions constituting as conflicts of interest.

Having these entities implement compliance programs is too loose of a restriction as well, as that is essentially asking them to police themselves, which they have no reason to, as it would impede their business.

For true market fairness and maximum benefit to the average household investor, this rule should apply to all entities, regardless of their role in the market.

Thank you for your time and consideration,
Matthew Meyerson