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

Mar. 31, 2023

 



March 31, 2023 


By Email 


Vanessa A. Countryman 
Secretary 
U.S. Securities and Exchange Commission 
100 F Street, N.E. 
Washington, D.C. 205499–1090 
rule-


To whom it may concern: 


The Commission should ensure fair competition by reducing monopolistic behaviour and removing profiteering middlemen from the market. 



The state of American markets is anti-competitive, and fair competition is essential. The Commission needs to ensure fair competition, especially within the off-exchange systems that currently dominate. 

The proposed rule to bring more transparency to dark markets should be implemented as soon as possible. 

I deeply appreciate and support any efforts to reduce the speed games that damage the integrity, credibility, and functioning of American markets. 

15 U.S.C. 78k-1 (“section 11A”) states that "It is in the public interest and appropriate for the protection of investors and the maintenance of fair and orderly markets to assure ... fair competition among brokers and dealers, among exchange markets, and between exchange markets and markets other than exchange markets." For too long the Commission has not be enduring fair competition, especially within the off-exchange systems that currently dominate. It's good to see they are beginning to take their mandate more seriously. Please act in the best interest of all Americans. Do the right thing.  

I fully support the rule, please implement it as soon as possible. 



Regards, 
-L8TRGATOR