Subject: File No. S7-31-22; Release No. 34-96495: Order Competition Rule - NAY
From: John Lucky Schaeffer
Affiliation:

Mar. 30, 2023

 



To whom it may concern,  

As an individual investor in the American financial markets I do not feel this newly proposed rule will be in my best interest. It appears it's in the best interest of the largest market makers, who frequently and what appears to be knowingly, break the rules. As the old sang goes, it's the cost of doing business. Clearly fines are not high enough. When it pays better to break the law, it is negligence on the SEC's part to not push for higher fines & Jail time for such offenders. Please represent the American people and DO NOT PASS this proposal.  




Thank you, 
John Lucky Schaeffer