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Adam Eldin Comment On Regulatory Notice 22-08

This proposed rule would deal yet another blow to the free market. Everyday Americans should be able to buy and sell securities as they please. Regulations like day trade restrictions, the banning of the creation of 3X leveraged ETF funds, and now this proposed rule continually erode away free market principles at the expense of the average American. Institutional investors have access to low interest rate margin and unrestricted day trading. If this proposed rule were to come to pass, it would hurt retail investors to the benefit of absolutely nobody other than lenders.