Subject: Re: SEC Proposal on Regulation NMS: Minimum Pricing Increments, Access Fees, and Transparency of Better Priced Orders (No. S7-30-22)
From: Erik Alvarenga
Affiliation:

Mar. 06, 2023

 


As a household investor I would rather pay more to not be routed to a wholesale market maker. I do not want parasitic market makers touching my trades that they paid to be routed to them. PFOF should be out the window.  


Uniform tick size across all market participants seems like something that should already be in place. It is time to implement it and enforce these changes.  
  
I am against inducements and rebates- they are just a different name for buying household orders.  


Thank you