Feb. 4, 2023
February 4, 2023 Dear representatives and affiliates of the SEC, I thank you for your hard work and diligence in the pursuit of free and fair markets. I have read through the proposed actions and it is my strong belief that no entity should be in control of order flow and/or determining what to do with client orders 1. All market participants order flows should be delegated to the lit exchange. If true price discovery is the goal, I believe this to be the solution. With the concentration of power over order flow comes conflict of interest and the erosion of price discovery. 2. If market participants wish to engage with OTC or dark pools clear indications / disclosures should be presented by law. As well as clear consent for participation and the ability to opt out without penalty or restrictions 3. Online brokers should be mandated to not engage in payment for order flow or gamification practices. 4. Short interest data should be made public and self reported audit s should be banished 5. There needs to be a form of automated record keep and book keeping service for market makers and brokerages.