February 7, 2022
I fully support any proposed rule that brings more transparency to the marketplace. I was shocked upon learning that as a retail investor upon which the stock market should be built, I had been handicapped by our market manipulations that your body has supposed to have been protecting me from. This rule, while not perfect, is certainly a step in the right direction towards a free and fair(er) market. PFOF and dark pools shouldn't exist in any free market. With increased transparency (that is fully required in my industry already at much much lower reimbursement levels) there is an additional cost burden for institutions but they are already making record profits from gray (at best, illegal at worst) activities. However, that increased transparency is not only beneficial to the free market, but should have already been built into this system from the beginning. It is time to work towards real accountability and I support any efforts towards this.