Mar. 31, 2023
To whom it may concern, I strongly support the SEC's proposal regarding the disclosure of order execution information. I have been, and will continue to be a proponent for transparency and oversight in all of our financial institutions. Brokers currently owe their customers a fiduciary responsibility in finding best execution. However, without the changes from the SEC proposal, it is currently impossible for the SEC to actually enforce. Brokerages and market makers have little to no real oversight in matching bids and executing orders when there should be substantial measures to check whether or not they are actually doing what they say they are. Unethical behaviors aimed at taking advantage of retail order flow will only be stopped by an increase in transparency and regulation. This rule is a good step forward in creating a fairer market. Sincerely, Trevor Capestany