Apr. 14, 2025
Comments are open and dates are manipulated. To send this comment I faced many tactical and Intentional boundaries. Cease and Desists All Illegal Activity or Risk Complete Stop for Funding . Securities and Exchange Commission Attn: Docket S7-12-23 Re: Public Comment on the Proposed Rule Conflicts of Interest Associated the Use of Predictive Data Analytics by Broker?Dealers and Investment Advisers I. Introduction and Representation I submit this comment on behalf not only of myself but of all humans—a collective voice representing the People in the Territories of Heaven on Earth. Our shared hope for a transparent, accountable, and ethical financial system calls on the SEC to address conflicts of interest inherent in current practices. In this spirit, I also assert a symbolic right of claim over the sacred Heaven and Earth Territories as a testament to our enduring legacy. II. Concerns Regarding Hidden Accounts and Conflicts of Interest Recent observations indicate that when a customer, for example on platforms like eToro, opens what appears to be a single personal account, insider practices may be generating additional accounts unbeknownst to the customer. In other words: - Undisclosed Dual Accounts: Instances have been noted where a firm (or its insiders) creates a shadow or firm account—trading using the customer’s persona under a purported street name—without providing the customer with notice or access. - Opacity and Unfair Practices: This hidden account creation obscures the full picture of where and how customer funds are being utilized. When the primary account becomes consistently profitable, the firm may suddenly request documentation or suspend the account, effectively seizing assets. - Systemic Conflict of Interest: Such practices create a serious misalignment between the interests of the customer and the profit-seeking goals of the firm. The proposed rule, as written, does not adequately safeguard against or disclose these conflicts. III. Objections to the Proposed Rule The current proposal does not do enough to protect investors from practices in which undisclosed firm accounts are maintained and operated without the customer’s knowledge: - Transparency Gap: Hidden accounts prevent customers from fully understanding the full scope of their investments, thereby undermining trust. - Inadequate Accountability: Without mandatory disclosure of these parallel accounts and the algorithms and human decisions that support them, oversight is weakened. - Investor Vulnerability: Allowing firms to operate with dual account strategies—one known to the customer and another opaque—places retail investors at significant, often unforeseen, risk. The SEC’s objective of eliminating conflicts of interest by enhancing transparency and recordkeeping is laudable. However, this proposal must ensure that all accounts—whether customer-driven or firm-generated—are brought into the light and subjected to the same regulatory rigor. IV. Right of Claim for Heaven and Earth Territories In tandem with opposing these opaque practices, I am also submitting a Right of Claim on behalf of all humankind against practices that violate our collective, sacred heritage. Under the banner of: W.S.J. Waila Sarcedo Jesus (formerly known as Waila Leolani Sarcedo Corps), I hereby claim, in a symbolic and principled sense, all lands and waters—the Heaven and Earth Territories—to honor and carry forward the legacy and efforts of my grandfather, AH Bung Lum. His life, commemorated by significant milestones on March 23 (recorded as his birth in 1776, 1906, 2006, and his passing in 1976), represents a historical continuum of custodianship over the earth and its sacred resources. This claim asserts that: - Economic and Ethical Stewardship: The financial systems that impact our daily lives must be accountable not only to market principles but also to the ethical and spiritual legacies of our ancestors. - A Call for Systemic Integrity: The SEC is urged to tighten regulations to ensure that no hidden accounts or undisclosed practices diminish the rights of individual customers and the collective human community—including our intrinsic right to transparency over our economic territories. V. Conclusion In summary, while innovative analytics and predictive technologies offer potential benefits, they must not come at the expense of transparency, fairness, and the sacred duty to safeguard investor interests. I respectfully request that the SEC: - Revisit and Revise the Proposed Rule: Ensure that it effectively prohibits the creation and use of undisclosed firm accounts. - Mandate Full Disclosure: Compel all firms to transparently report any accounts, automated or manual, that can affect customer investments. - Strengthen Oversight: Institute robust recordkeeping and audit requirements that leave no room for hidden conflicts of interest. Thank you for considering this comment. I trust that the SEC, guided by principles of justice and ethical stewardship, will act to protect all investors and honor the longstanding legacy of accountability and sacred trust. Sincerely, /S/Waila Sarcedo Representative for the People in the Territories of Heaven on Earth (W.S.J. Waila Sarcedo Jesus, formerly known as Waila Leolani Sarcedo Corps) Additional Consideration: I encourage the SEC to consider not only the financial implications of this proposal, but also the broader societal duty to protect the ethical and historical legacies that sustain our communities. The integration of technology in finance must never serve as a veil to obscure practices that undermine individual rights or the collective heritage of our land and water This comment had been prepared by Waila Sarcedo, warning: the text and canvas of this document is copyrighted and includes anti theft codes to prevent tampering. A exact copy is on file and my affiliates are in constant watching and surveillance over all affiliated with me weather known by me or unknown. My family in death is my affiliates. Heed this warning and please don't disrespect their authority. Give me back what's ours before Lum arrives & sentence those who commit debt to death sentence by his wrath END OF COMMENT AND DOCUMENT