Subject: Comments on S7-01-23
From: Toby Smith
Affiliation:

Mar. 27, 2023

  


To whom it concerns at the SEC:

I am writing to express that the proposed exceptions should be rejected.
A fair market means everyone should play by the same rules. 

 

Exceptions make it easier to find loopholes and create secondary dynamics in the market. As a household investor (aka retail), I am better protected when universal, clear rules are in place.

Thank you for your consideration.

Toby