June 13, 2023
This proposal does not consider that DeFi exchange participants do not live in the US and are not bound by US Securities law.
Furthermore, the definition of parties of an exchange implies that they are coordinating and in agreement of price. DeFi participants are significantly diverse with opposing views and cannot be summed up in this definition.
Lastly, this proposal violates the first amendment rights of the American citizens and investors you are obligated to protect.
Please change your priorities to fulfill your mission in this regard and stop the shenanigans. Thank you.