Subject: RE: File No. S7-32-22; Release No. 34-96496· Regulation Best Execution
From: B C James
Affiliation:

Mar. 19, 2023

 


PFOF has shown to get worse execution for retail/household investors and has been banned in many other markets.  I am all for the removal of PFOF and stopping internalization by moving to an auction style settlement.  


Please help retail stop the lack of price discovery for their small investments by the larger players in this market, we need equal footing!! 


Brian J