Subject: File No. S7-31-22; Release No. 34-96495: Order Competition Rule
From: ryan dell
Affiliation:

Mar. 31, 2023

 



I support this rule because as a household investor, I deserve fairer markets. From my understanding, It is unjust that a few major firms such as Citadel and Virtu capture a large share of orders because I believe there should be more competition amongst participants. I believe we need to see higher fines for perpetrators in order to deter them from repeat violations. The current system allows said firms to operate in a monopolistic fashion, where tens (50+) of fines are just a "cost of business". The system is in dire need of an overhaul, and this rule is a step in the right direction.