May. 31, 2022
Dear SEC, this rule directly contradicts everything you have been working towards since over 1 year. This rule is designed to be an escape door for bad actors to slip past your sight and to make out into the night with their ill gotten gains. As a retail investor I am shocked that this ruling would be placed into commentary. I firmly oppose this rule and I hope the broader market participants do aswell. This ruling will only bring more obscurity to the market and will be a clear regression to what Mr. Gensler has been trying to achieve for over a year. Kind regards, Julian