Subject: File No. SR-NYSEArca-2021-90
From: Al Troncoso
Affiliation:

Jun. 19, 2022

Dear SEC,

I am a former branch chief in the enforcement division of the SEC.  I reside in New York City.

Regulating Bitcoin is akin to regulating tulip bulbs. Or works of art.

After years of trying to justify in my mind these “assets”, I have come to the conclusion that they unfortunately are simply financial disasters waiting to unfold.  They’re ultimately worthless.  And likely to most affect those who can least afford such losses.

Thank you.

Sincerely,

Al Troncoso