Mar. 31, 2023
To whom it may concern, I strongly support the proposed rule change, and want the SEC to level the playing field with industry wide enforcement. Tick sizes across exchanges must be standardized. To allow for certain exchanges to trade at lower tick sizes while others cannot is tantamount to a state sponsored trading advantage. Additionally, rebates and other inducements lead to very similar problems. As such, a low fee structure should be implemented to eliminate trading practices that encourage increased trading volume for volume's sake. Finally, increased fines and consistent enforcement will be crucial to eliminating advantages across exchanges. I urge the SEC to continue its attempts to improve our market's fairness and efficiency. Sincerely, Trevor Capestany