Subject: File No. S7-32-10
From: Nick Miceli
Affiliation: US Army Retired

February 7, 2022

As a retail investor, I am concerned with the entire system set forth, and governed by, those that have clear conflicts of interest. We have recently witnessed clear manipulation, fraud, and blatant criminal activity with regard to hedge funds and market makers. Everything from naked shorting to dark pools must be eliminated. The SEC should rethink its mission statement, and or vision, and remind itself that protecting the investor should be paramount. No more bowing to those that are too big to fail. Enforce the rules now and always. Enforce compliance with the regulations set forth by lawmakers that were elected to do the job. Set real penalties that will effect real change. The hedge funds are laughing at you, and you let them.