Mar. 12, 2023
To Gary Gensler Chairman of the SEC. I fully support this rule. Fair, transparent an efficient markets are the Law. Title 15 U.S.C. 78k-1 of the United States of America Legal code. Is clear market making behavior like “internalization” is illegal. Clause (v) is very clear. “An opportunity, consistent with clauses (1) and (iv) of the sub paragraph, for investors’ orders to be executed without a dealer.” This rules is a great opportunity, to create long term value for the citizens of the Untied States of America. The existing abuses of payment for order flow, and internalization in my opinion is a major security risk for the United States. Foreign actors who wish to destabilize the United States can exploit the dark pools and cause great American companies to be bankrupted tearing apart the social fabric of the United States. Transparent, markets are a layer of protection against financial terrorist intent on harming the United States of America. It is in the national security interest of the United States for the SEC to urgently and without any delays implement this rule. Please take National Security into account to prevent illegal manipulation and financial terrorism targeting the Capital Markets of the United States of America and destabilizing great American companies. Title 15 U.S.C. 78K-1 clearly states internalization is illegal and orders trades to be executed without a dealer. This rule will help enforce the Law and provide a layer of protection against financial terrorist. Sincerely, Robert Higgins