Subject: RE: File No. S7-30-22; Release No. 34-96494; Regulation NMS: Minimum Pricing Increments, Access Fees, and Transparency of Better Priced Orders
From: Frank Drummond
Affiliation:

Mar. 19, 2023

I agree with the need to resolve the fact that NMS stocks are constrained by the minimum pricing increment that is required under Rule 612 and thus are not able to be priced by market forces. 





Thank you for your time, 
Frank Drummond