Mar. 15, 2023
March 15, 2023 NO to the re-proposed exemptions and changes to S7-01-23 that would allow certain entities to participate in conflicts of interest in regards to securities transactions. The SEC, and Congress are mandated to prevent conflicts of interest in the securities market, why would it be OK to allow hedge funds/market makers to do so? You do know why conflicts of interest are bad right? With our current securities market structure these hedge funds/market makers are the only entities that can sell securities they do no posses then Failure-to-Deliver with no accountability or consequences. These same entities are allowed to sell asset-backed securities that are rife with material conflicts of interest to investors. There are currently no regulation to require hedge funds/market makers to make transactions on \"lit\" markets with full transparency, yet there are for household investors. This is NOT a 'fair' and equitable market, when certain entities are allowed to manipulate the market that we must all participate in to create a financial future. Hedge funds/market makers have lobbied their way into so many exemptions that they have made it nearly impossible for a the household investor ability to make any informed decisions in the market. Everyone participating in the market should have the same rules. NO EXEMPTIONS - NO EXCEPTIONS