Subject: 4-887: Webform Comments from Alexander Payne
From: Alexander Payne
Affiliation: Humanity

Apr. 16, 2026

I have been observing the market from the very bottom of society for the last nine years.. one thing in particular that interests me is the bonafode liquidity provision that allows market makers to sell unlimited options contracts without the need for collateral.. i see these powers as reasonable considering the job marker makers have.. right up until the moment market makers forward these powers to millions of high speed algorithms running on google cloud.. this is the point when market making becomes wealth extraction and even more interesting is that the man who invented this system made 12 billion profit last year and sould be on this regulatory panel roundtable to be accountable for his large position of making the market free and fair.. and fundamentally natural as far as price discovery is concerned. . For market makers to be allowed to automate their entire job to google cloud is an attack on american freedom.. if not stopped i see a crash of never before seen magnitude on the horizon. Thank you for your integrity in dealing with the many inconsistencies. America is under the control of a computer with bona fide powers that ive lost everything financially in futility. Luckily i am enjoy a good measure of deterministic reach and persistance for the good of our nation and the opportunities the constitution guarantees