Apr. 20, 2023
April 20, 2023
Dear SEC,
I would like to express my support for the need for transparency in the stock exchange. As a retail investor, I believe that transparency is crucial to ensure fair competition and protect the interests of all market participants. I commend the SEC's efforts to improve transparency and increase competition in the U.S. equities market through the proposed reforms and new rules. I believe that these measures will not only lower transaction costs for retail investors but also expand the availability of decision-useful information to all market participants.
I also agree with the need to regulate cryptocurrency asset trading, particularly with regard to their potential interaction with traditional stock market practice. Lack of adequate regulation in this area has already had detrimental effects on heavily shorted stocks, resulting from illegal naked shorting. To avoid further damage to these and other stocks and to avoid further erosion of confidence in the structure of the markets, I fully support the SEC's proposed regulations. Thank you for your continued efforts to enhance transparency for investors and at the Commission.