Hi Alexis,

Thank you for the AMA and providing a grounded and well-reasoned perspective during the hearing!

There has been a lot of talk about decreasing Settlement Dates from T+2 to T+1 or T+0. How would you feel about reducing the Scheduled Forms' required filing windows to the same? In the day and age of automation and click-button review and approvals, this seems like a no brainer to me.

How accurate do you think the various short-related metrics are?

When quantifying the advantage of PFOF over non-PFOF transactions and their volume, what was the advantage, and how has that changed over time?

And, finally and IMHO most importantly, what is your unicorn's name, if you can share it?

Many, many thanks again!