Subject: S7-31-22: WebForm Comments from Robert Graham Brunner
From: Robert Graham Brunner
Affiliation:

Jan. 12, 2023



January 12, 2023

 Dear SEC,

I am writing as a retail trader to express my support for proposed Order Competition Rule (34-96495). I believe that this proposal will greatly benefit retail traders like myself by ensuring fair and transparent competition among market participants.

I appreciate the proposal's focus on promoting competition among market participants, as this will help to lower trading costs for retail traders like myself and provide us with more efficient and effective markets. The proposal's requirement for real-time public display of order book information, as well as the requirement that market centers provide access to their order books on fair and reasonable terms, will help to increase transparency and promote competition.

I also appreciate the proposal's emphasis on ensuring fair and open access to market centers. The requirement that market centers have in place procedures to prevent the discrimination against any person or category of persons in the provision of access is an important step in ensuring that all traders, including retail traders, have equal access to market centers.

Overall, I believe that this proposal is a positive step towards creating fair and transparent markets for retail traders like myself. Thank you for considering my input.

Sincerely,
Robert Graham Brunner