Subject: S7-32-22: WebForm Comments from Reddy, Individual
From: Anonymous
Affiliation:

Dec. 23, 2022

December 23, 2022

 In my opinion, without quantification of the problem i.e., data. How can we be sure that
retail customer is impacted.

Commissions versus Payment for order flow.
This regulation is not free market.

If the individual investors feel they have better execution with some brokerages, they can choose the brokerage rather than forcing everyone to follow a certain rule.

Why now, when this practice existed for so long.

This will make it hard for new participants to enter the market. This seems to benefit powerful brokerages and punish small brokerages.