Mar. 24, 2023
I support the Commission's proposed tick size regime, and request that clear language be used in the rule structure to avoid litigation. Additionally, retail investors like myself want higher fines, bigger penalties, and actual consequences for violations so that changes will actually make a difference. Enforcement matters! Please: Instead of allowing rebates and other inducements in the marketplace, establish a zero or very low fee structure to eliminate the potential for trading for the sake of volume. Implement a variable minimum pricing increment model that applies to both quoting and trading of NMS stocks to promote fair and transparent pricing across trading venues. In light of events surrounding the GameStop controversy, these steps are necessary in order to regain public confidence and trust in the market.