Subject: File Number S7-32-22
From: Jeff Breit
Affiliation:

Jan. 12, 2023



Hello,

     I have 2 random thoughts.

1.  It is hard to fathom that these equity trades are happening as fast as a blink of an eye.  Do the transactions have to go that fast?  As the SEC pushes towards a policy of more  transparency, would slowing the process down actually increase effectiveness?

2.  I remember when retail customers paid a fee with every stock transaction.  PFOF eliminated said fees.  I would gladly pay a reasonable fee for my trades if I knew they were being conducted with integrity and transparency.

I support the policies the SEC is putting forth.


Respectfully Submitted,
Jeffrey P Breit