Mar. 31, 2023
To whom it may concern, As a household investor I am in support of an auction based order competition rule. I believe that it is in the best interest of all investors to have a more transparent market, creating competitive competition across all markets and market makers. This will allow everyone to have an equal opportunity to fill the orders for the best possible price. With our current system, there are loopholes that allow for the manipulation of stocks based directly on payment for order flow. I believe that this doesn’t allow household investors the ability to purchase an equity at the best possible price. It is the security exchange commission responsibility to protect household investors and the retirement accounts we have invested into throughout our lives. Please take this into consideration when making a decision on what is best for the general public. Thank you for your time and consideration, once again, I am in favor of this rule to create more competition through an auction based order system. Sincerely, John R Hinzey Sent from Proton Mail for iOS