Apr. 17, 2023
Good evening, First I want to thank the commission for re-opening this proposed rule for comments. The retail trading community needs to have their voices heard and the only way we can do that is to get loud and speak directly to the SEC. That being said, Rule 3b-16 needs to be amended in order to protect all investors and the SEC has an obligation to do so. ATSs such as cryptocurrency are dangerous to the stability of our financial markets and open the door to systemic risk because they are not subject to the systems integrity provisions of Regulation SCI. Any exchange without proper oversight is in my opinion, a playground for crime, fraud, and puts other exchanges that follow the rules and regulations at risk. In order to promote operational transparency, investor protection, system integrity, fair and orderly markets, and regulatory oversight for Government Securities we need this proposed rule to pass immediately. Because allowing ATSs to operate without proper oversight puts every Americans future at stake. -- Respectfully, Kyle Zodrow