Subject: Support for File No. S7-29-22; Release No. 34-96493: Disclosure of Order Execution Information
From: Karl Yip
Affiliation:

Mar. 26, 2023

 


Subject: Support for File No. S7-29-22; Release No. 34-96493: Disclosure of Order Execution Information
 
Dear Sir/Madam,
 
I am writing in support of the proposed Disclosure of Order Execution Information (File No. S7-29-22; Release No. 34-96493). The proposed rule aims to enforce legal requirements that should have already been in place and mandate more transparent disclosure of the practices used by some market participants to attract order flow.
 
I believe that the proposed rule will promote transparency and prevent deception and unethical behaviour in the market. The aim of the proposed rule is to expose any practices that could lead to unfair advantages for certain entities, and prevent them from taking advantage of the market.
 
I fully support the proposed Disclosure of Order Execution Information rule and encourage the SEC to move forward with its implementation.
 
Thank you for your attention to this matter. I have submitted this email as my comment on File No. S7-29-22; Release No. 34-96493 to rule-  with the correct title entered into the subject header.
 
Sincerely,
Karl Yip