Subject: File No. S7-31-22; Release No. 34-96495: Order
From: Eric
Affiliation:

Mar. 31, 2023

 


To Who It May Concern: 


Removing profiteering middlemen from the market will undoubtedly lead to improved prices for both individuals and institutions, including pension funds. Hittal Mittesh's recent research provides additional evidence supporting this claim. According to Mittesh, the auctions' elimination of wholesalers could save individuals from billions of dollars and save institutions over $1.5 billion per year. It is unacceptable that wholesalers are taking money from citizens and pension funds, and action must be taken to stop this. The source for this information can be found at https://4982966.fs1.hubspotusercontent-na1.net/hubfs/4982966/BestEx%20Research%20Order%20Competition%20Rule%20Analysis%2020230105.pdf.