Subject: File No. S7-32-10
From: Bryan Flynn
Affiliation: Investor

February 7, 2022

All orders need to be on a lit exchange. Rampant fraud is taking place, but it's easy for market makers to hide the data. Penalties need to be severe. If you charge a small fine for a large financial crime, you're just taking a cut. Either jail time for the individual, or a LARGER fine than the money that was made from the crime is necessary.