Subject: Re: Prohibition Against Conflicts of Interest in Certain Securitizations File No. S7-01-23
From: Tone
Affiliation:

Mar. 15, 2023

Hello, I’m writing to you in regard to the new proposed rules in S7-01-23. There is no such thing as rules that don’t apply to everyone in a fair market. The exceptions for hedge funds and market makers to not report their listings vastly hampers household investors, and the lack of transparency makes it much harder to make informed decisions.  If every household investor is beholden to the rules, then there should be zero exceptions for anyone that we compete with.