Mar. 06, 2023
Dear Regulators, I am writing this as a concerned international investor. I fully support increased regulation and transparency in the financial markets. I support harmonizing tick sizes across all exchanges. No more unfair advantages. I do NOT support rebates or market inducements, these are just another way of saying payment for order flow. I would gladly pay to have my orders routed to the lit exchange, and avoid being routed through a wholesaler. I support the inclusion of odd lot information in the SIP. More transparency and information is good for investors. I think that the fines and punishments for breaking the rules should outweigh the "cost of doing business". I fear that if things continue the way that they are, nefarious market participants will end up destroying what credibility remains of Wall Street. Sincerely, A concerned international investor.