Mar. 18, 2023
March 18, 2023 The proposed regulation S7-30-22, which aims to establish minimum pricing increments, access fees, and transparency of better-priced orders, is a significant step forward in promoting fair and transparent pricing in the securities markets. By establishing minimum pricing increments, the regulation will help prevent market participants from using small price movements to gain an unfair advantage, which can harm retail investors and small traders. Moreover, the transparency of better-priced orders will ensure that investors can access the best available prices, promoting competition and improving market efficiency. Furthermore, the regulation's focus on access fees is an important aspect of promoting transparency and fairness in the securities markets. The proposed changes will help to prevent the use of access fees as a means of granting privileged access to certain market participants, promoting equal access for all investors and traders. In conclusion, I believe that regulation S7-30-22 is an important step towards promoting fair and transparent pricing in the securities markets, and I fully support its adoption. These changes will help to ensure that all investors have equal access to the best available prices, promoting market efficiency and fairness for all.