Mar. 12, 2023
To The U.S. Securities and Exchange Commission, I support this rule, please implement it as soon as possible. The Commission notes that 90% of marketable orders of individual investors in NMS stocks to a small group of six off-exchange dealers, and 66% is captured by just two firms. Those figures will be even higher for specific stocks. The state of American markets is clearly anti-competitive and that needs to change. I will pay more per share to just to avoid being routed through a wholesaler that has been charged over 70 times by the United States government (https://files.brokercheck.finra.org/firm/firm_116797.pdf), in the name of fair competition. For the American markets to continue being the stewards of change and an exemplary example for the rest of the world, this rule needs to be implemented. Thank you. Regards, Alvin Lee