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: Diane Cairns
Affiliation:

Mar. 19, 2023

Dear SEC,


What grossly punitive punishments and timelines will accompany these new changes to ensure that bad actors are deterred from foul play? (i.e. "Oops I did it again!" fines are pointless as "costs of doing business.” )


Mandatory jail time and the permanent loss of all licenses are the only real deterrents white collar criminals will heed.


Diane P Cairns
U.S. Citizen and Taxpayer