Feb. 24, 2023
February 24, 2023 I am writing to express my strong support for the recent development of a new \"Best Execution\" framework for individual investors. This framework is a crucial step towards ensuring that individual investors are treated fairly and receive the best possible outcomes when executing trades. As you are well aware, individual investors have historically been at a disadvantage when it comes to executing trades. They often lack the resources and information necessary to navigate the complex world of trading and investment, and as a result, they may not receive the best possible prices for their trades. This can be especially problematic in cases where individual investors are competing with large institutional investors, who often have access to more information and resources. The new \"Best Execution\" framework aims to address these issues by requiring brokers to use reasonable efforts to obtain the best possible prices for their clients. This means that brokers will need to consider a range of factors when executing trades, such as the price of the security, the speed of execution, and the likelihood of execution. By taking these factors into account, brokers will be able to provide their clients with the best possible outcomes, regardless of whether they are competing with institutional investors or other individual investors. I believe that this new framework is a crucial step towards ensuring that individual investors are treated fairly and that they receive the best possible outcomes when executing trades. It is my hope that you will support this framework and work to ensure that it is implemented effectively. Thank you for your time and attention to this important matter.