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

Mar. 31, 2023

 



I am in support of this rule. 


Internalizing orders presents a conflict of interest between a retail investor and the market maker executing the order. By allowing orders to first go through an auction, this promotes the American ideal of competition driving innovation and benefit. 


Thank you, 
Richard Morrow