Subject: Re: Order Competition Rule, File No. S7-31-22, Release No.34-96495
From: Charles Ladd
Affiliation:

Mar. 31, 2023

 





Every rule the SEC passes is only as good as the enforcement that backs it. I want to see higher fines that actually serve as a significant deterrent. Fines should not be just the "cost of doing business" 


Citadel does not speak for retail. Virtu does not speak for retail. Competition makes for better markets. 
  
I fully support the rule, please implement it as soon as possible.  


Sincerely,  


Charles Ladd.