Subject: File No. S7-05-22
From: Luciano Putzu
Affiliation:

Oct. 31, 2022

I'm an Italian retail investor of Wall Street,

and would like to personally thank you for proposing this new rule.

As you know, market makers and Hedge Funds have abused this T=2 system
to their advantage long enough and also use T-2 system to leverage
themselves against retail investors.

This is much needed and again Retail Investors thank you.

Kind regards,

Luciano