Subject: S7-01-23: WebForm Comments from Timothy Wright
From: Timothy Wright
Affiliation:

Mar. 15, 2023

March 15, 2023

 The proposed rule exemptions would negatively impact household investors by reducing the information available to them. This lack of transparency could potentially lead to losses.
The proposed exemptions could and would be exploited by manipulative hedge funds and market makers. With an already extensive past of such activities, the exemptions would simply give them more opportunities to continue. What is the purpose of these rules if market makers are exempt?