Mar. 31, 2023
Chairman Gensler, The SEC should reduce conflicts of interest by increasing transparency in the routing of orders by brokers and wholesalers, with investors having access to the best priced quotations available in NMS. Moreover, ATS should submit detailed disclosures about their operations, which would provide another level of transparency to all market participants. Sending orders to wholesalers only for internalization should not be the only option to household investors, and PFOF should be removed entirely. -- Mark Anthony Coomes, M.D