The following Letter Type B, or variations thereof, was submitted by individuals or entities.

Letter Type B:

Conflicts of Interest Associated with the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers, File No. S7-12-23

Dear SEC,

I am a proud retail investor who has been using Robinhood for [number of days/months/years]. I am concerned that the recent proposed rule by the SEC is an unwarranted attack on innovation and technology that would make it more difficult and expensive for me to invest and trade.
I think the rule is overly-broad and would significantly impact the retail customer experience by severely curtailing the use of technology by brokerages. Through Robinhood I’ve been able to invest on my own terms using powerful digital tools that for the first time make investing easy and relevant. These tools help me learn about the markets and make more informed decisions. I worry that the SEC’s proposal will make it harder for brokerages to continue to provide these tools to me and other investors, and that would be a bad result.
I urge the SEC not to adopt this rule. Thank you for your consideration.

Sincerely,