Subject: Comments on Nos. 33-11151; File No. S7-01-23
From: Caleb Andrew benoit
Affiliation:

Mar. 23, 2023

 


Please reject this proposal. 

It provides exemptions that are counterintuitive to the purpose of current proposals trying to strengthen and protect market integrity. Specificially: 



Exemptions 


As specified in Section 27B, the proposed rule would provide exceptions for: 


• Risk-mitigating hedging activities; 


• Bona fide market-making activities; and 

• Liquidity commitments 

Should be rejected and removed from any future proposal. 

-Caleb