Feb. 23, 2023
February 23, 2023 From what I understand, individual investor market orders are internalized, allowing the manipulation of the entire market. Shares that are sold may not even exist. When a stock is purchased, the order is internalized, so it has no impact on the price of the stock. These same stocks, when they're sold, it appears on the lit market, driving the price down. This allows for the destruction of companies, eliminates countless jobs, and robs investors of their money. It also allows for severe conflicts of interest within the market. How is it that a hedge fund can also be a market maker? (See Citadel Securities) This is not a fair market at all. I am extremely concerned for the future of this country, the well-being of my fellow Americans, as well as the rights of foreign investors. All orders should be executed on a lit market and at a price that properly reflects supply and demand. Please move forward with the proposed rule.