Subject: S7-01-23: WebForm Comments from Aaron Humpert
From: Aaron Humpert
Affiliation:

Mar. 15, 2023

March 15, 2023

 No on S7-01-23, unless the proposed exemptions are removed.

No entity or person should be exempt from prohibition against conflicts of interest when making decisions affecting retail investors, period, full stop. If a conflict of interest arises, the ethos of First, do no harm to others. needs to be applied, even if only to maintain confidence in our markets. This is an absolute conflict of interest and needs to be banned with the utmost diligence.

Liquidity only comes from selling securities (by market makers who also act as hedge funds and other actors) do not yet own and this is and should be illegal. Everyone in the system is abusing the locate function and those securities never get purchased and end up being failure to delivers There is little to no confidence left in the markets from years of abuse and ruination of individual working-class lives because of this abuse and crime that are allowed to continue. Stop protecting Wall St. and allowing their crimes continue on the backs of the investors left in the wake of their destruction in ignorance.