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Comment for General CFTC Request for Comment on the Impact of Affiliations of Certain CFTC-Regulated Entities

  • From: Steve Selak
    Organization(s):
    Concerned Citizen

    Comment No: 72948
    Date: 8/26/2023

    Comment Text:

    DO NOT accomodate increased risk for customers and market stability. DO NOT allow for more conflicts of interest from vertically integrated companies. PROTECT CUSTOMERS and financial security. Vertically integrated market structure is bad and DOES REDUCE CUSTOMER PROTECTIONS. STOP THE MADNESS. PUT AN END TO THIS NONSENSE NOW. DO NOT LET THIS HAPPEN.

    20 years ago no one would know about any of this. Now with the internet and chat rooms like Reddit all of the scamming and trickery performed by the large banks, hedge funds and market makers is becoming well known. We are watching. When the market collapses, and it will collapse, everyone will now know why. It is well known that the federal regulators continually look the other way when these large, to big to fail instituions scam the system. Let's begin to put an end to all of it. PLEASE PROTECT INDIVIDUAL INVESTORS!

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