Subject: S7-11-22: WebForm Comments from Robert Tso
From: Robert Tso
Affiliation: Investor

May. 23, 2022


 It is apparent to me, that credit ratings provided by SP and Moodys are too subjective, too biased, or inconsistent, or even unfair, to be meaningful to investors.  Therefore, I support removal of references to Credit ratings from Regulation M.