Subject: File Number: 4-785
From: Jay Powell
Affiliation:

Jun. 07, 2022

 


Dear SEC, 


I do not support this petition to remove AMC & GME from Dark Pools for 14 days due to the fact that retail trades are not executed in dark pools, they are traded OTC or internalized, therefore this petition would not change anything. 


Internalization should be looked into further and should be made illegal. All buy & sell orders should be on the lit market for true price discovery to be achieved. When buy orders are internalized but sell orders hit the lit market, that is price suppression and there is nothing fair or free about that kind of market. 


Sincerely, 


Jay Powell