Subject: S7-08-22: WebForm Comments from LaMont Newell
From: LaMont Newell
Affiliation:

Oct. 31, 2022



October 31, 2022

 I would like to express my appreciation for proposing this new rule.  As many are made aware in each passing day, Market Makers and Hedge Funds have abused this T-2 system to their advantage long enough.  It is disheartening to see that the T-2 system is being used for Hedge Funds to leverage against Retail Investors.  This is a much needed change which should prove beneficial to Retail Investors.