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

Mar. 06, 2023




To whom it may concern: 


The addition of rules and regulations are meaningless if they are not going to be implemented and enforced. There are currently market makers who also work with brokers that profit from internalizing trades. They have access to snatching up bids at an unfair rate, allowing them to profit unfairly while also manipulating stock prices.  


I currently switched to purchasing stocks via Computershare. I have no issues with paying for my trades if it means that I can see true price discovery. The stock market is not fair and people are going to remember the moment when there was a chance for the SEC to do the right thing but looked the other way.  


Citadel, TD Ameritrade and the like are voicing their concerns because they don’t want to lose access to micro transactions that they generate profit from. Put a stop to the madness. Please. 


Thanks, 
Ricardo Garcia