Oct. 31, 2022
October 31, 2022 Irony so sweet. It's a good thing this particular rule was reopened for comments due to a \"malfunction\" that caused massive amounts of negative public sentiment to disappear from the internet. This is just another piece of circumstantial evidence that suggests the SEC is complicit in the criminality of Wall St. Lack of regulation, lack of enforcement, will fine famous people more than the ill-gotten gains but not hedge funds, allowing participants dozens of violations to continue operating and now losing all the comments that wanted the rules rewritten. Many of my previous comments written and submitted went in depth into the proposed rules, citing pages and specific language. I spent hours on each rule comment. Like a fool, I trusted that submitting it would keep it backed up. What kind of agency doesn't write backups of their data? Hiring a tech team to teach the SEC how to compress data and store it to a backup should be the top priority of the SEC. Additionally, creation of a publicly accessible database with transparency for all items is the only option for the SEC to restore the public's trust. We are all entering the information age and opaque data has no place in the future.