Subject: File No. 4-602
From: Burl Bynum
Affiliation: PRM, FRM (Professional and Financial Risk Manager), Trader

June 2, 2010

Simple solution to high frequency trading issue:
Any bid or offer submitted to an electronic trading engine MUST remain on the trading book for a minimum of 1 second or until a better bid or offer is submitted before the bid or or offer can be cancelled.
This simple solution will prevent algorithm "front-running".
This simple solution will RETURN the markets to a level playing field.
This simple solution allows the human brain to comprehend what is occuring in the market (transparency).

Thank you for addressing this issue which is distorting the intent and purpose of markets-the transparent facilitation of trades.