Mar. 31, 2023
To whom it may concern, I am a US Army combat veteran and household investor. I fully support the proposed changes to ATS rules that promote better alignment with regulatory frameworks for exchanges that would be beneficial for individual household investors like myself. The SEC can and 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 the National Market System. Alternative Trading Systems (ATS) should operate in a manner that is consistent with the broader regulatory structure of the securities markets, which would benefit individual investors by promoting fair and transparent trading practices. I support any initiatives aimed at identifying and preventing fraudulent practices that undermine the credibility, integrity, and functionality of American markets, and I support harsher penalties for bad actors manipulating the system. The SEC should prioritize creating a competitive market structure that benefits investors and encourages transparency. Thank you, Nick De Costa Illustrator (323) 274-5629 Website Instagram