Subject: File No. S7-10-10
From: Jonathan R. Parker

May 18, 2010

I would like to comment that the large traders in the market definitely need registration, to provide a sorely needed oversight to their activities and to track any attempt to game the system. Also I believe that the fast trading transactions should be routed through government servers so that the "financial terrorism" can be prevented, as well as "fat finger" mistakes. Large traders in derivatives such as CDOs should be registered and monitored in the same way.

One could say we were lucky that the 1000 point drop in the market a couple of weeks ago was fortunate in that it tipped us off at the fragility of our stock market, and exposed the flaws of fast electronic trading left unchecked. If the government can monitor all our emails and phone communications they can certainly monitor and hopefully prevent a future financial disaster.