Dec. 27, 2022
December 27, 2022
I am in favor of the proposed rule for improved order competition.
As a retail investor, I am appalled by the abuse levied by brokers, market makers, wholesalers, and the prime banks that fund them.
Retail orders are frequently routed through the dark pools or are internalized which dismantles the concept of supply demand and eliminates natural price discovery.
More competition has always been a core principal of the American economy. I would like to see competition and fairness become a core principle as well in stock the market. Therefore I am in favor of requiring brokers and market makers to bid for best price execution.