Subject: S7-31-22: WebForm Comments from Chris Robinson
From: Chris Robinson
Affiliation:

Mar. 3, 2023

March 3, 2023

 Dear SEC,

I am writing to express my strong support for the proposed rule S7-31-22, also known as the Order Competition Rule. I believe that this rule is essential to promote fair and transparent competition among trading venues and to ensure that investors receive the best possible prices for their securities transactions.

The Order Competition Rule would require trading venues to provide fair and equal access to market data and the ability to execute trades, regardless of the size or sophistication of the market participant. This would help to level the playing field and promote fair competition among trading venues.

Furthermore, the proposed rule would require trading venues to provide information about their fees, order types, and access requirements to all market participants. This would help investors to make more informed decisions about where to place their orders and to ensure that they receive the best possible prices for their securities transactions.

In addition, the proposed rule would require trading venues to provide information about the quality of their executions and the time it takes to execute orders. This would help investors to evaluate the performance of different trading venues and to make more informed decisions about where to place their orders.

As a household investor I would happily pay more to execute my trades if it meant organizations with access to unimaginable resources are no longer able to use my investment against me in the long run.

Overall, I believe that the Order Competition Rule is essential to promote fair and transparent competition among trading venues and to ensure that investors receive the best possible prices for their securities transactions. I urge the SEC to finalize this rule as soon as possible.

Thank you for considering my support for this important proposal.

Sincerely,
Your name