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

Mar. 12, 2023

 


There are clearly some market participants benefitting from a dominant, anti-competitive position in the marketplace. They pay for order flow or secure it through backroom deals. Why can't orders compete in lit markets? They should - and it's good to see that the Commission finally realizes this. I fully support the rule, please implement it as soon as possible.