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: Tehmoi Richards
Affiliation:

Apr. 01, 2023



Hello SEC

I wish to express my fervent support for this ruling. For too long the large players of the market have enjoyed the millisecond advantages of high-frequency trades capitalizing on the penny or sub penny bonuses they get from their favorable trades.

The best course of action is to limit their unfair advantage over the average person through a small fee that could be taxable to aid in the enforcement of rule breaking, and the American people, who will need support in these trying times.

This rules removal of rebate caps allow for more of us average fill a chance to be truly competitive in the market.

Let’s also focus on the removal of delays in reporting by accepting this revised round log definition and dissemination of SIP.

I look forward to this rule passing and adding teeth to the agency.