Subject: S7-31-22: WebForm Comments from David Raes
From: David Raes
Affiliation: Laborer

Feb. 03, 2023

February 3, 2023

 The order competition rule, 34-96495, is a big problem and hurts retail investors. Trades should be going to directly lit markets, not auctioned to intuitions that trade them over the counter. We need true price discovery, we need fair markets.