Subject: S7-04-23: Webform Comments from Mike Schaefer
From: Mike Schaefer
Affiliation: wagie

Oct. 29, 2023

Quit mucking about with decentralized finance systems for
crypto currencies. You're not protecting anybody but banks and
financial institutions. Even if the SEC genuinely desire to protect
the average consumer, any rules would be quickly gamed and abused by
the large financial entities.

However, the SEC isn't fooling anyone. The SEC's interest is
in protecting monopoly banking power and existing financial
institutions. You folks should be ashamed of yourselves.

Sincerely,
Mike Schaefer