Subject: S7-31-22: WebForm Comments from John Church
From: John Church
Affiliation: small miner american gemstones

Feb. 25, 2023

February 25, 2023

 Wholesalers typically execute these orders internally without providing any opportunity for
other market participants, including institutional investors, to compete to provide more
favorable prices for these orders.

NO sub penny discount trading in the dark of the night for the hedge funds to manipulate prices abusing FAILURE TO DELIVERS when no fines are made on the crimes.
ONE law all players. no FTD laddering prices down when nobody else is allowed to force then to show all the failure to delivers that rob retail of their proper stock price movements.