December 31, 2020
As a personal investor with more than two decades of investing experience, concerned with the economic stability of my household and others, I am writing to strongly oppose the proposed rule SR-NASDAQ-2020-082 and urge you to deny the rule change.
The mission of the Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation (1). SR-NASDAQ-2020-082 contradicts the SEC mission.
The proposed rule diverts funds from the efficient administration of the NASDAQ reducing the order and efficiency of markets the SEC was created to promote.
Thank you for the opportunity to comment on this proposed rule. I once again urge you to deny this rule change that you may further the Securities and Exchange Commissions stated goals of protecting investors maintaining fair, orderly, and efficient markets and facilitating capital formation (1).
Sincerely,
Matthew Glen
1 What We Do. U.S. Securities and Exchange Commission, https://www.sec.gov/about/what-we-do. Accessed 31 December 2020.