Subject: S7-01-23
From: Subhra Mazumdar
Affiliation:

Mar. 18, 2023

This rule should NOT be passed with exceptions for Market makers for liquidity purposes. The exception amounts to loopholes for market manipulation by Market makers and other financial institutions that are not playing in even ground as household investors. The market is rigged by such loopholes and exceptions for decades and this is more of the same. Until the exceptions are removed this rule should NOT be considered. 


Thanks, 
Subhra