Subject: File No. S7-31-22; Release No. 34-96495: Order Competition Rule
From: Daniel Irvine
Affiliation:

Mar. 31, 2023

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Good morning, 

The punishment has to fit the crime or the criminal will continue to break the law. This is always true and money just makes it worse. The only way you can combat criminals behavior at this point is with zero tolerance policies that remove the reward from the risk. 

The longer you delay any reforms to stem artificial and questionably illegal risk from the system.The more prevalent it will come and the greater the eventual repercussions from deleveraging. 

-Daniel Irvine