Apr. 20, 2022
To whom it may concern, It is becoming endlessly tiring to follow and comment upon these needlessly complex and unnecessary regulatory changes—let alone the proposal for new vehicles for compounding risk to investors by further stacking the deck in favor of institutions. This a public policy travesty and a senseless degradation of our markets. Free and fair markets are patently not the motivating factors behind these changes. After the next crash—because there is always a next crash—should the post-mortem analyses point to natural market forces, or market makers aided by deceptive rule changes promulgated by governmental entities? Whomever wrote this, please take your talents into a more ethical line of work. It is well-crafted but the purpose is clear. Lines will be drawn, people will find blame, and the time that follows a crash is infinitely longer than the time between now and that inevitability. Do not sully your hands with these nonsense vehicles that will only destroy the last shreds of economic credibility in this country. If an organization can indeed hear, I direct this latter portion to the multiple institutions involved as well, both explicitly involved and implicitly so. Regards, Justin R. Forti, J.D., LL.M.T.