Subject: S7-30-22
From: Nick Zacher
Affiliation:

Dec. 22, 2022

I am a retail investor and I fully support all proposals to increase transparency, and increased penalties for failing to follow rules including jail time and fines greater than the amount of money gained through breaking the law.
Payment For Order Flow should be abolished, as it is being abused by companies like Virtu and Citadel, using their market maker privileges to bolster the investments of their hedge fund extensions.
Transparency is needed. Organizations have proved time and time again that they cannot be trusted to self-report their illegal activities, and it is nauseating that they can buy their way out of it through lobbying (bribing) congress. Justice and transparency now!!!

NZ