February 6, 2022
I respectfully urge the commission to NOT implement this new ruling for the following reasons:
1. Though transparency in the markets is what is needed for reporting and release to the public, which is what I want as a retail investor- I am also a proponent of Decentralized Cryptocurrency investing, and do not want to see regulations that clearly bring harm to this evolving sector.
2. Cryptocurrency investors and the public should be a 90 day comment period to allow for adequate time to read, process, decide and comment.
3. I believe as this ruling stands- it is a threat to our rights, and that a rule designed to increase transparency in our markets can be free standing , not to include cryptocurrencies at this point.
4. Im in favor of banning dark pool and off market trading- just even shutting it down for a week which the SEC has the power to do ASAP , would reveal true price discovery to retail.
5. Im in favor of banning PFOF because I do not want market makers front running my trade.
6. Im in favor of ending the predatory practice of naked short selling - period.
7. Im in favor of mandatory failure to delivers and failure to receives being closed or enforced.
If you could focus on fixing whats already damaging our free market thatd be great. After that is achieved- then lets talk crypto, absolutely not before.
Thank you for your time, really hope you do not pass this ruling as it reads today.