Subject: File No. S7-31-22; Release No. 34-96495: Order Competition Rule
From: Damon Smith
Affiliation:

Mar. 30, 2023

 



There are clearly some market participants benefitting from a dominant, anti-competitive position in the marketplace. They pay for order flow or secure it through backroom deals. Why can't orders compete in lit markets? They should - and it's good to see that the Commission finally realizes this. I fully support the rule, please implement it as soon as possible. 

Thank you, 
Damon Smith