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

Mar. 31, 2023

 


To whom it may concern, 


As an individual investor, I would like to comment on the "Order Competition Rule" that is being taken into consideration by the SEC.  Fair and transparent markets are crucial to price discovery, and the current way of doing things in the market is in direct opposition to this.   
Having multiple market participants being allowed to compete for an order is clearly the best option for our stock market.  Our market has always been founded upon the principles of Free Competition, and allowing single market makers to internalize orders has the negative effect of defeating this. 


I am in support of this rule, and hopeful that the SEC will not be swayed by the biased pressure from those (e.g. Market Makers) who are currently profiting off of the cloudy, monopolized methods we use today. 


Thank you, 
Thomas Brunton