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

Mar. 8, 2023

 


Please do not allow Citadel to water down these proposals! I think a majority of retail investors would agree that these proposals are a step in the right direction, but we need more transparency!  


Also, rules are meaningless unless they are  enforced in a meaningful way. We need harsher penalties for repeat offender's. Some broker-dealers see fines as the cost of doing business and not a real deterrent when they can still make massive profits by breaking rules.  


Thanks 
Daniel Hall