From: James N. Hill
Dear Secretary Fields-
The purpose of this letter is to serve notice upon you and the Securities and Exchange Commission that I raised the question of the lack of a 30 day comment period after an SEC's release appears in the Federal Register. The Commission's release 34-79474, dated December 6, 2016 concerning the acquisition of the Chicago Stock Exchange, did not appear in the Federal Register until December 12, 2016. As I pointed out to you, the Commission stated in that release that the comment period ended January 3, 2017. My statement to you was that the comment period should be 30 days after posting in the Federal Register and that being January 12, 2017. My original concerning call to you was placed on December 6, 2016 at 2:30 PM. You called me twice on December 12, 2016 at 4:17 and at 4:23 when I expressed to you again my concerns.
As an American Citizen, I am concerned that this comment period of time as you have iterated, is in violation of certain rules, regulations and laws and I am even more concerned that the time frame listed above simply is inadequate for proper vetting and discussion of such an important matter by Congress. I am in somewhat disbelief and amazed that this time period occurs and overlaps the time when most Congressmen have returned home to be with their families and loved ones for the Holidays.
Let me remind the Commission that I have had sovereign immunity invoked against me by a U.S. Stock Exchange twice when I alleged heinous and nefarious acts knowingly allowed by this Exchange's Market Surveillance division. As your records reflect, the Commission ultimately did bring action against this Exchange based solely on my charges.
Secretary Fields, I believe the Commission needs to rethink this situation and govern itself accordingly.
James N. Hill
CC: Representative Earl L. "Buddy" CarterRepresentative Robert Pittenger