Subject: S7-32-22: WebForm Comments from Ryan Schwieterman
From: Ryan Schwieterman
Affiliation: Individual Investor

Dec. 27, 2022

December 27, 2022

 As a retail investor I want my buy/sell orders to have an impact on the price of the security.  Right now the way the market is structured depending on how my order is routed and handle there is no guarantee that my buy/sell order is being reflected in the demand of a security, how is this considered a free and fair market? As a retail trader I would gladly pay more for my trades if I knew that my demand was impacting the price of a security. PFOF is a not real price discovery and there is a reason it is banned in other countries. I approve these changes and I hope SEC doesn't drag their feet to implement them.