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

Mar. 30, 2023

 


I am writing to express my deep appreciation for and support of this rule. It is my opinion that the ability of certain market participants to internalize trades is profoundly corrosive to the very concept of price discovery.  


I see no reason why anyone would oppose a rule change that exposes the orders of household investors to other market participants who might be willing to fill those orders at a fair and competitive price, unless they benefit from maintaining unfair and anticompetitive practices.  





With regards, 


David Larrison