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

Mar. 15, 2023

No exceptions for risk-mitigating hedging activities, bona fide market making & certain liquidity commitments!  
Hedge funds, especially ones with direct ties to Market Maker privileges, have proven again and again that they cannot be trusted and will undoubtedly engage in market manipulation if left unregulated and to their own devices. They need more regulatory oversight, not less!! Furthermore, it puts household investors at yet a further disadvantage by limiting transparency, making it harder to make informed decisions.