Subject: Comment Letter for File Number S7-29-22 Disclosure of Order Execution Information
From: Mr. Peterson
Affiliation:

Mar. 26, 2023

 




March 26th, 2023 

By Email 


Vanessa A. Countryman 
Secretary 
U.S. Securities and Exchange Commission 
100 F Street, N.E. 
Washington, D.C. 205499–1090 rule-  


Re: S7-29-22 Disclosure of Order Execution Information 

Dear Secretary Countryman, 



I am a household investor who is greatly concerned about the transparent and fair functioning of our financial markets. I am writing in favor of the SEC adopting the S7-29-22 Disclosure of Order Execution Information. 



An update to Rule 605 is required to address the evolution that has occurred in our markets since the rule was issued over two decades ago. My concern is that the modernized disclosure framework may not be equitable and fairly applied to all parties, e.g., broker-dealers will selectively report or omit facts to their advantage. My request is that the SEC establish a level playing field of reporting to ensure that a clear and transparent "apples to apples" comparison of all reporting parties is possible. 



The United States of America must remain a leader and innovator in fair and transparent financial markets. To that end, constant vigilance, diligence, and prudent evolution of our financial systems are required - this includes adoption of the S7-29-22 proposal in full and without delay. 



Respectfully submitted, 
Mr. Peterson