Mar. 31, 2023
March 31, 2023 Dear Ms. Countryman, I am writing to express my support for the proposed improvements in S7-30-22 regarding tick sizes, access fees, and transparency of better priced orders across all market participants. As a retail investor, I believe that these changes will greatly benefit individuals like me who are looking to make informed investment decisions in the stock market. The current system, which allows some market participants to trade in smaller tick sizes than others, has created an uneven playing field that is unfair to retail investors. By ensuring that tick sizes are consistent across all market participants, these proposed improvements will create a more level playing field that is more conducive to fair and transparent trading. In addition, I am also in favor of amending the odd lot definition under the Market Data Infrastructure Rules and including odd lots in the NBBO. As a retail investor, I often find myself trading in odd lots, and I believe that including them in the NBBO would provide a more accurate picture of the market and help to promote greater liquidity and transparency. Overall, I believe that these proposed improvements are an important step towards creating a more fair, transparent, and equitable stock market that benefits all participants, not just a select few. As such, I strongly urge you to support and enact these changes as soon as possible. Thank you for your time and attention. Sincerely, P. Traversa