April 30, 2007
Submitted at 11:59PM EDST 4-30-07
As a law abiding US Citizen, this type of letter absolutely disgusts me,
WE THE PEOPLE do not care about your need for exemptions to gain competitive advantage and provide "liquidity"
We just do not. BUY-IN, that's what the rest of us do. RAISE YOUR PRICE, we call that supply and demand out here in the unwashed streets of Anytown USA.
Here is the law, deal with it,
- SEC Regulation 17A(a)(1)(A) -
The prompt and accurate clearance and settlement of securities transactions, including the transfer of record ownership and the safeguarding of securities and funds related thereto, are necessary for the protection of investors and persons facilitating transactions by and acting on behalf of investors.
Thank you for eliminating the counterfeiting of commercial securities in US Markets.