Apr. 01, 2023
Regarding File No. S7-30-22; Release No. 34-96494; Regulation NMS: Minimum Pricing Increments, Access Fees, and Transparency of Better Priced Orders Hello SEC. I hope this email finds you well. I wish to express my fervent support for this ruling. For too long the large players of the market have enjoyed 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. This tax could aid rules enforcement- and could go towards relief programs more broadly, as many need support in these trying times. The removal of rebate caps also allows more of us average customers 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 to the influence of the agency. Thank you, Tyler Jennings -- Tyler 'Blake' Jennings