Subject: S7-01-23: WebForm Comments from Mike Alblah
From: Mike Alblah
Affiliation:

Mar. 19, 2023

March 19, 2023

 Do NOT listen to the hedge funds that only think about making more profits and doing illegal things that are dangerous for the integrity of the markets like Citadel Securities.

In my opinion there is too many exceptions. Don't add the exceptions that Citadel Securities or other institutional participants ask, conflicts of interest is a serious thing to consider.

If the SEC truly defends the transparency, the integrity, the quality of the market, it should remove all the exemptions that have been inserted. It doesn't benefit the investors nor our markets, it only benefits the crooks to do illegal and dangerous things that may scare off the investors.

I know what I'm talking about because I am an household investor. The market makers or hedge funds begging you to add these exemptions don't care about the markets or the investors, they want quick and easy profits through deregulation.

Therefore, I ask you remove all the following exceptions :
- \"risk-mitigating hedging activities\" (E.)
- \"exception for liquidity commitments\" (F.)
- \"bona fide market making activities\" (G.).