Mar. 26, 2023
To whom it may concern, 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. Furthermore, the Commission should establish a zero or very low fee structure to eliminate the potential for trading for the sake of volume or liquidity. To that end, implementing 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 would be a good idea. There is no reason why Citadel should be able to trade at sub-penny intervals while others trade at penny intervals. The proposed rule would level the playing field by allowing everyone to trade at sub-penny intervals, eliminating this unfair advantage. I fully support this rule. Sincerely, Will S.