Mar. 26, 2023
As a household investor, I strongly support the Commission's proposed tick size regime, and recommend clear and unambiguous language in the rule structure to avoid any confusion or litigation. Enforcement matters. We want higher fines, bigger penalties, actual consequences. I fully support the harmonisation of tick sizes across all exchanges. No exceptions, no "reasonable" vague language. Clear rules, clear language. Some exchanges shouldn’t be granted an unfair advantage over others. It leads to monopolistic control of parts of the market that counteract and eventually kill the positive benefits of competition. The markets are supposed to be fair - so make them fair. I very much dislike the presence of rebates and other inducements in the marketplace - they are simply payment for order flow by another name. Id prefer the fees were reduced to zero, but no higher than .001 will suffice. I thank the SEC for their time and efforts and for reading my comment.