Thank you. I’m glad to be here this morning as the Commission considers this supplemental proposal to our rulemaking on Automated Trading. I’ve said several times that I am a firm believer in two things: the need to enhance our rules to ensure that they are appropriately rigorous and protective and to find a rule that works and can be effectively implemented. I am pleased to say that I believe today’s release does both. I commend our staff for their hard work on this proposal.
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