Subject: S7-01-23: WebForm Comments from Jeremy Leach
From: Jeremy Leach
Affiliation:

Mar. 15, 2023

March 15, 2023

 I DO NOT SUPPORT this proposed ruling since changes were made to exempt hedge funds and market makers.

These exemptions WILL be exploited to take money away from household investors.

 Rules MUST apply to all market participants equally. Giving certain \"special\" market participants exemptions to rules tilts the market in favor of the exempted parties.

Exemptions like this are using the rules to pick and choose winners, and CLEARLY the winners aren't household investors.


 If a market participant can't engage in the market without exemption from rules that everyone else has to follow, they shouldn't be participating in the market in the first place.