Aug. 14, 2023
Dear SEC, Rule S7-06-22 is not beneficial towards retail investors. How can you explain giving away retails rights to vote to cash heavy derivative holders who aren’t long on the position? I don’t understand why you think derivative holders should have the opportunity to vote and/or eliminate the actual holders vote! Shortening the time to process to five (5) days is a great way to enhance visibility but not nearly enough to give retails vote away. DO NOT PASS THIS RULE. Thank you for your time, Concerned Retail Investor