Subject: File No. 4-887 - High-Frequency Trading (HFT)
From: Alexander Payne
Affiliation:

Apr. 16, 2026

Subject: Formal Comment on File No. 4-887 – High-Frequency Trading (HFT) Concerns
Body:
Millions of High-frequency trading algorithms are currently being utilized with full "bona fide" powers to sell assets at astronomical rates directly from google cloud and the fastest computers that exist. I feel that this bonafide liquidity provision is being used by google algorithms to move prices to extract wealth from the american markets and deposit said wealth into the market makers pocket.. who will certainly site coding errors. I believe wealth extraction at this level is not sustainable. 
To restore integrity to the market, I propose google being banned from hosting all the market making algorithms. Google is not a market maker. By renting googles algorithms to completely automate the market making process entirely, the bonafide provision of liquidity which was given to a select number of humans with human control have been given to millions of algorithms and this is destroying wealth in america and infringing on the freedom, liberty, and a fair market where equal opportunities exist. To provide liquidity and through google cloud, using price pInning to avoid providing the maximum ammount possible is the same as stealing. Coding errors is how the market makers slip through these laws and 7 million dollars is a small fine when market makers were allowed to keep many billions of dollars of profit and this market maker couldnt even show his face at preceedings and is the largest market maker i find it completely fitting of ken griffin to skip this event