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: Court Char
Affiliation:

Mar. 30, 2023

 


Dear Esteemed Colleagues- 


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.  This proposed rule is a no-brainer & probably should've been implemented years ago.  

Instead of allowing rebates and other inducements in the marketplace, we as a Country should establish a zero or very low fee structure to eliminate the potential for trading for the sake of volume.  

While reducing the access fee caps is a step in the right direction, completely eliminating exchange rebates would further enhance transparency and fairness in the market. 



This is a great step in the future of a truly fair and efficient marketplace, that actually protects retail investors.  


Thanks for your time- 


Court Chales 
Retail Investor