Subject: s7-02-22: WebForm Comments from Ricky M
From: Ricky M.
Affiliation:

Apr. 17, 2023

April 17, 2023

 I support the rule in its current form, the fact that so many tokenized securities want to facilitate in the capacity of an exchange without the responsibility is a modern loophole that has been exploited dramatically to the detriment of consumers and industry. The base matter is that the regulated markets and investors therein can be impacted without the light of oversight and with the potential for abusive manipulation without oversight or enforcement currently and the failure of several entities that acted as exchanges in just the last six months with little the SEC has authority to act on is something that is an oversight this rule would take steps to correct.