Dec. 5, 2022
Dear reader, I am writing to comment on my approval of the proposed rule SR_FINRA-2022-031 "Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of a Proposed Rule Change to Adopt FINRA Rules 6151 (Disclosure of Order Routing Information for NMS Securities) and 6470 (Disclosure of Order Routing Information for OTC Equity Securities)" As an international retail investor I believe the US should lead the way of being a FREE AND FAIR market, in order for this to be true there must be much more transparency in the routing and payments made for retail orders, as detailed in this proposed rule. In its current state, the market is heavily rigid in favour of large corporations who participate in PFOF, internalised trades and FTD of securities which are purchased by well meaning individuals just trying to realise the capitalist dream of living off their own earnings. Your market is a ponzi scheme and everyone knows it. As a retail investor I'm sick of it. Fix yo' ****. Kind regards, Dan