Subject: Re: Order Competition Rule, File No. S7-31-22, Release No.34-96495
From: holden romero
Affiliation:

Mar. 12, 2023

 

To whom it may concern, 


There are market participants who currently benefit from a dominant and anti-competitive position in the marketplace. 


Said market participants pay for order flow which enables a predatory information advantage as well as preventing competition in lit markets.  


It is promising to see that the Commission finally realizes this. 



The current rule forces dark pools (Alternative Trading Systems) to provide quotes and trades to consolidated market data if they wish to operate as an auction. I fully support and appreciate rule changes like this that bring more transparency to aspects of the market which have historically been used for manipulative practices which harm retail traders profits and opportunity. 


Everyday working Americans should have transparent and fair opportunity in the market. 


Best Regards, 
Holden 


Kind Regards, 
Holden.