Subject: Support for File No. S7-32-22; Release No. 34-96496: Regulation Best Execution
From: Karl Yip
Affiliation:

Mar. 26, 2023

  


 
Subject: Support for File No. S7-32-22; Release No. 34-96496: Regulation Best Execution
 
Dear Sir/Madam,
 
I am writing in support of the proposed Regulation Best Execution (File No. S7-32-22; Release No. 34-96496). The proposed rule aims to promote competition among different trading platforms, ensuring that both platforms have the same rules about how much the stock price can change at a time, to prevent any unfair advantage.
 
I believe that the proposed rule will create a level playing field and promote healthy competition in the market, ensuring that brokers and wholesalers are honest and transparent when helping people buy and sell stocks. The proposed rule will prevent them from favouring a particular trading platform, making the market more fair and transparent for all investors.
 
The proposed rule also aims to ensure that Alternative Trading Systems (ATS) follow the same rules as regular exchanges, making the market more fair and efficient for everyone involved.
 
I fully support the proposed Regulation Best Execution rule and encourage the SEC to move forward with its implementation.
 
Thank you for your attention to this matter. I have submitted this email as my comment on File No. S7-32-22; Release No. 34-96496 to rule-comments@sec.gov with the correct title entered into the subject header.
 
Sincerely,
Karl Yip