Mar. 18, 2023
March 18, 2023
I support swift passage of this proposal.
Competition is a necessary quality for well functioning markets as it rewards the creation of better products and reduces the potential for monopolies to be formed or stifle innovation.
15 U.S.C. 78k-1 (section 11A) states that \"It is in the public interest and appropriate for the protection of investors and the maintenance of fair and orderly markets to assure ... fair competition among brokers and dealers, among exchange markets, and between exchange markets and markets other than exchange markets.\"
In mandating fair and competitive order execution the SEC will be upholding their mandate to promote consumer protection and foster orderly and efficient markets.