Mar. 31, 2023
I extremely support the Commission's Tick Size Rule. The rule needs clear and unambiguous language in the structuring to avoid any litigation or confusion. Rebates and other inducements should not be allowed; instead there needs to be established a zero or very low fee structure to eliminate trading just for the sake of volume. A variable minimum pricing increment model needs to be implemented that applies to both quoting and trading of NMS stocks for promoting fair and transparent pricing across all trading venues. Completely eliminating exchange rebates would be way better than reducing access fee caps to further enhance transparency and fairness in the markets. The implementation of the revised round lot definition and odd lot dissemination should be accelerated on the SIP to enhance reporting efficiency and to reduce delays. The public needs to regain trust and confidence in the market and these rules will help. We want higher fines and jail time for nefarious actors. I would rather pay for trades, than to have my order routed to wholesalers like Citadel and Virtu for them to be internalized Thank you, A concerned household investor..