Subject: File No S7-31-22 release number 34-96495, order competition rule
From: Michael C. Johnson
Affiliation:

Mar. 31, 2023



Hello,
   I am a big supporter of this potential rule change . PFOF has been banned in other countries because it is not a fair system and this is evident in the power that Citadel has gained by being in a prime position to execute those orders.  I believe that a public auction is a better way to go to allow new orders better competition .  Additionally it is important to eliminate the use of alternative trading tools unless they are consolidated with data and being more transparency to the market  .  Removing the middleman will improve prices and structure to the us financial system. Thank you for your time and I look forward to hearing from you .

- Michael C Johnson


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