Apr. 19, 2023
April 19, 2023 I am in support of this proposal, the current definition of exchange does not adequately capture the full range of activities that can occur on modern trading platforms. By updating the definition we can ensure that all relevant market participants are subject to appropriate oversight and regulation. Another argument in favor of the proposal is that it will help to promote competition and innovation in the trading industry. By clarifying the regulatory framework for certain platforms, the SEC may encourage the development of new trading venues and business models that can benefit investors and the broader market. The goal of modernizing the definition of exchange is a reasonable and important one. By providing additional clarity and oversight to the trading industry, the SEC can help to promote fair and efficient markets that benefit investors and the economy as a whole. In conclusion, we want more transparency. Us \"retail\" investors are sick of getting completely [REDACTED] by wall street. We want full transparency. Thank you for your time, please make sure to get some water I bet it's exhausting reading all of these :)