Mar. 31, 2023
Good afternoon I am an investor in the US stock market and am reaching out pertaining to the way orders are processed and market makers interact with the stock market. As such I am sending this email specifically to comment and offer my support on the referenced rule in the subject line: File No. S7-32-22; Release No. 34-96496· Regulation Best Execution. I thank you for the opportunity to allow myself and others to comment on rules such as these. In order to communicate my thoughts clearly and precisely I have listed below key bullet points around my concerns that this rule addresses: - In order to achieve a fair and open market the Alternative Trading Systems (ATS) should have clear and established policies that are consistently enforced which combat fraudulent and manipulative practices. - ATS should be operating in a manner that is consistent with the broader regulatory structure of the securities market. Any deviation as such would be counter intuitive to that of a fair and open market. I am happy to see the SEC taking steps to better regulate and balance the exchange and look forward to further rule implementations such as this one. - David Wright