Feb. 25, 2023
February 25, 2023 I am an individual investor and I invest my wealth on behalf of my nuclear family and for my parents. I have recently been made aware that the US stock market is severly broken and biased towards large firms so I feel that commenting on SEC Rules as well as writing to my senator and house reps is important. I am in support of this rule as I think there needs to be much more transparency for how orders are processed. The fact that any order I make on behalf of my family has to go to a dark pool is ridiculous. Crypto markets can execute millions of trades all on an open and public ledger, why can't stocks? I know the reason is not due to technical limitations as I can see that crypto has solved it. Instead its crazy that everyone gets to front run any investment that I make and further i think its crazy that the SEC doesn't do anything about these blatant conflicts of interest. If you simply followed other countries rules and made PFOF and Fail to delivers illegal or severely punished I and all the millions of household investors would greatly appreciate it.