Subject: File No. S7-32-10
From: Kyle M Davidson

February 7, 2022

I am here to comment that much of what is being discussed in this rule pertains to confidence in the market, or lack thereof. Abusively trading through dark pools, naked short selling and rehypothecation of shares, abuse of ETF's to effect price of individual stocks, \"cellar boxing\", PFOF, and ability to hide derivative swap options overseas have created a market where price discovery and accuracy are no longer worthy of the full faith one would put in a free and fair market. As a retail investor I do not expect the market to provide confidence in my individual investments, but I do expect it to provide confidence in the market itself. The rules must change to restore this confidence as I no longer possess it.