Subject: S7-01-23: WebForm Comments from Richard Pasquali
From: Richard Pasquali
Affiliation: DDS

Mar. 16, 2023

March 16, 2023

 Does one need to seriously comment a case for why conflicts of interests should be prohibited for securities? Is there any plausible counter argument that could justify not establishing this proposal as a rule?

We need transparency in our markets, we need unbiased regulators, and we need to ensure that financial parties are not able to act in self-interest without having consequences that settle in jail time - not fines. We need to hold people accountable for their actions that are manipulative if there is indeed a conflict of interest.