Subject: File No. S7-31-22; Release No. 34-96495: Order Competition Rule
From: Jean-Christophe Moran
Affiliation:

Mar. 31, 2023

 


To Whom It May Concern: 


I write in support of the new rule which stipulates that Citadel (and others of their kind) cannot be the first to receive orders. Rather, I support orders going to a public auction where EVERYONE has an EQUAL opportunity to fill the orders. 


No Payment for Order Flow. 


No Alternative Trading Systems (Dark Pools). 


These changes will remove the 'middlemen' and improve prices for individuals and institutions. 


These changes will bring more transparency to the markets. 


This will be an important step towards truly building a FREE and FAIR market. 


Thank you. 


Jean-Christophe Moran