Mar. 31, 2023
Hello, Writing to request that you please consider my feedback for the Regulation NMS (as identified in the subject of this email). Higher fines, and consistent enforcement, for SEC rules that are violated is important. Fines must be high enough to actually deter those who would offend. In addition, repeat broker-dealer offenders who treat such fines as "the cost of doing business" should simply lose their licenses. As a household stock investor I am in favor of the following: * Paying a little more per share to avoid being routed through a wholesaler, and/or paying a commission to avoid being routed through a wholesaler. * Harmonization of tick sizes across all exchanges. (It is absurd that some exchanges get special treatment, which allows them to develop effective monopolies on parts of the market.) All exchanges should be required to quote and trade in the same increments. As such, I support the tick size regime proposed by the SEC, and any / all improvements to language specificity which would make SEC enforcement more effective. (In other words, vague language hinders enforcement.) Thank you for your time and efforts, -- Erik Schwartz