Subject: Comments on S7-12-22 - Further Definition of "As a Part of a Regular Business" in the Definition of Dealer and Government Securities Dealer
From: Nathan Barron
Affiliation:

Aug. 20, 2023

Dear SEC, 


I am writing in support of regulation S7-12-22 to require additional market participants to register with the SEC and become members of a self-regulatory organization (“SRO”). This proposal will extend the application of important regulatory obligations to entities that engage in dealer activities and provide for appropriate Commission and SRO oversight of these entities. It is important that these unregistered entities become subject to the federal securities laws and SRO rules that are designed to promote market stability and facilitate a fair and orderly market. 


Thank you, 
Nathan Barron, Concerned Investor