Subject: No on S7-01-23, unless the proposed exemptions are removed.
From: Philip Winburn
Affiliation:

Mar. 15, 2023

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. 


Thank you.”