Mar. 31, 2023
March 31, 2023
By Email
Vanessa A. Countryman
Secretary
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 205499–1090
rule-
RE: File No. S7-30-22; Release No. 34-96494; Regulation NMS: Minimum Pricing Increments, Access Fees, and Transparency of Better Priced Orders
Ms. Countryman:
I appreciate the opportunity to comment on the U.S. Securities and Exchange Commission’s (the “SEC”) Regulation NMS: Minimum Pricing Increments, Access Fees, and Transparency of Better Priced Orders Rule Proposal. A fair market exists only when there is a standard minimum price increment that everyone executes trades in. Different minimum price increments for broker-dealers leads to unfair advantages. Additionally, more enforcement and higher penalties are needed to prevent fraudulent behavior in the markets. I support the Regulation NMS: Minimum Pricing Increments, Access Fees, and Transparency of Better Priced Orders rule.
Sincerely,
Chris Keturakis