Mar. 8, 2023
March 8, 2023 Hello. I am a household investor (or \"retail investor\") and am in favor of this rule, and any rule that makes the market a more fair and free system to participate in, for all investors/traders. While this rule and a few other recent proposals are a step in the right direction, it is not enough. Payment for Order Flow should be banned. Off-market routing of retail orders should be banned. Naked short selling to \"provide liquidity\" should be banned. In my opinion, PFOF, market maker privileges and internalization/front-running of retail trades via commercial brokerages do not allow for true price discovery. The price shown on lit markets should be an accurate representation of supply and demand, and I believe this rule is a step in the right direction. Thank you for your consideration.