Apr. 19, 2023
To whom it may concern: I would like to establish that proposals such as these are designed to shutdown avenues currently being used to skirt aroind regulations in place to protect retail investors. Passing this rule will definitively reduce corruption in our markets and push us towards a more free and fair marketplace. Blockchain technology is the next step of evolution in our markets. The current system is shrouded in mystery with respect to physical ownership of the securities purchases. Too often securties held in brokera0ge firms are held in the brokerage's name unbeknownst to the retail investor purchaseing the security. This allows these brokerages to use these securites as they see fit while essentially providing the retail investor with an IOU until the decide to sell. The creation of blockchain securites is essential to re-establish physical ownership of a security while simultaneously supporting the dynamic needs of the digital exchange of these assets. This empowrrs retail investors such as myself to truly own the shares I am purchasing without them being used to profit or supress true price discovery without my knowledge. I support this propsal and it is my sincerest hope it is passed for the betterment of the markets and retail invesring as a whole.