Subject: File No. S7-32-22 comments on retail trading
From: Douglas Heuer
Affiliation:

Jan. 9, 2023

The volume of BBBY today show that high-speed trading is taking profits off the volume. This mainly hurts retail traders who are generally restricted to 3 day settlement. If all traders were on a one day settlement schedule, it seems it would stop high-speed trading by limiting the number of shares.
 
Sincerely
Doug Heuer