Mar. 21, 2023
I am writing to express my support for File No. S7-31-22; Release No. 34-96495: Order Competition Rule. As a concerned citizen, I believe that this proposed rule is essential for ensuring fair competition in the securities market. The proposed rule would increase competition among securities exchanges by removing unnecessary regulatory barriers that prevent new entrants from competing with established players. This would not only benefit investors by providing them with more choices, but it would also promote innovation and lower costs. In addition, the proposed rule would provide greater transparency and accountability in the securities market. By requiring exchanges to provide more detailed information about their fees and services, investors would be able to make more informed decisions and better understand the costs associated with their investments. I understand that there may be concerns about the potential impact of this proposed rule on market stability and investor protection. However, I believe that the SEC has taken these concerns into consideration and has proposed a balanced approach that promotes competition while still maintaining important safeguards. In conclusion, I strongly support File No. S7-31-22; Release No. 34-96495: Order Competition Rule and urge the SEC to move forward with its implementation. Thank you for considering my comments on this important matter Dan worms