Feb. 23, 2023
Dear Sir or Madam, I am writing to express my support for SEC rule change No. 34-96494, which proposes amendments to the current requirements for the handling of price orders by broker-dealers. As an investor, I believe that the proper handling of price orders is critical for ensuring fair and efficient markets, and for protecting the interests of investors. The proposed rule change would update and clarify the current requirements, reflecting changes in technology and market structure, and would improve the handling of price orders by broker-dealers. I particularly appreciate the proposed requirements for broker-dealers to provide more detailed information to clients about the handling of price orders, including information about the types of price orders and the factors considered in determining the handling of price orders. This would enhance transparency and enable investors to make more informed decisions when placing price orders. In addition, the proposed rule change would require broker-dealers to provide investors with more detailed information about the handling of price orders, including information about the venues used and the types of executions received. This would enhance transparency and enable investors to evaluate the quality of execution received for their price orders. I have personally experienced situations where the handling of my price orders by broker-dealers has not been transparent, and I strongly believe that this proposed rule change will enhance transparency and protect investors from any conflicts of interest or unfair treatment in the handling of price orders. In conclusion, I believe that the proposed rule change would promote fair and efficient markets, enhance transparency in the handling of price orders, and protect the interests of investors. I strongly urge the SEC to adopt this rule change. Thank you for your attention to this matter. Sincerely, Sarah Geno