Jan. 14, 2023
January 14, 2023 The Payment for Order Flow statistics reveal a market that is not favored in best execution if a majority of the retail investor trades are internalized. Though not part of this NPRM, I highly suggest the SEC moves forward stricter regulation regarding PFOF, darks pools FTD's Best Execution- The proposal requires quarterly reports for those moving forward to track they are adhering to this proposal. What regulatory oversight will be implemented to conduct reviews of these reports? I agree with this proposal requiring a review of best execution and quarterly reports. If broker-dealers review at varying frequency I was successful broker-dealer pay little to no attention to best execution reports unless a regulatory entity requires me to do so, so I concur with this portion of the proposal. Overall this proposal is in the right step to help out retail investors that have greatly become a significant portion of the market. Being able to get the best execution and allowing the introduction of more competition in the market will help retail investors. Thank you for your time.