Subject: File No. S7-32-10
From: Michael McBride
Affiliation: Health Insurance Analyst

February 7, 2022

I believe implementing these rules would provide a level of oversight and fairness that does not currently exist in the market.

The lack of competition and inability to understand how securities are actually being traded, puts anyone outside of the institutions at an almost insurmountable disadvantage.

Very in favor of these proposed regulations.