Subject: S7-21-22: WebForm Comments from Kens Bane
From: Kens Bane
Affiliation: Retail Investor

Jan. 16, 2023

January 16, 2023

 Insider trading should be the main focus of this regulation, any evidence of time-sensitive information being used to exploit retail investors needs to result in extreme legal action for example Robinhood trading platform suspending buying of particular securities based off of insider discussions.

Any such action should be immediately forwarded to the department of justice and any other relevant judicial body that have the ability to pursue due process. Small financial penalties are a classist punishment that only affects those will significantly less capital than large funds.