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

  • From: Andy A
    Organization(s):
    Investor

    Comment No: 72989
    Date: 8/27/2023

    Comment Text:

    Hello, I disapprove of this as a whole. Isn't this what FTX was doing and found a hazard to fair and free markets? (answer: It is). This interacted market structorgives too much power to an individual company at the expense of investor safety.

    As another commenter put it, "[The] Commission should analyze conflicts of interest risk, clearing system risk, concentration risk, contagion risk, financial stability risk, and any other risk, including for example, a loss of confidence based on a perception of favorable treatment."

    Do not let this get approved, implimented, allowed, accepted. Instead, focus on regulation that helps protect investors from preditory entities and laxed regulations. Thanks

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