Mar. 24, 2023
To whom it may concern, I strongly urge you to pass S7-29-22 Disclosure of Order Execution Information. The security of our country and our currency depends on greater transparency in the stock market. Rule 605 was adopted far before the advent of high-frequency trading and the rise of dark pools and single-dealer platforms. The current system is completely shrouded in secrecy and allows insiders the ability to conduct trades in figurative backrooms. Single-dealer platforms specifically have very little regulation surrounding them and allow abusive market participants to hide their trading activity and cook their books. I believe this rule will bring some much-needed transparency to how SDPs and broker/dealers are facilitating predatory trading practices. Sincerely, Reis Hansen