Feb. 23, 2023
February 23, 2023
I am writing in support of the proposed rule on better market execution for retail investors. As a concerned citizen and investor, I believe that the interests of individual investors should be protected and that the market should operate fairly and transparently for all participants.
It is well-known that market makers and hedge funds have long held an advantage over retail investors in terms of access to information and speed of execution. This has led to a situation where individual investors often receive inferior prices for their trades, while market makers and hedge funds are able to profit from the spread.
The proposed rule is an important step in addressing this imbalance. By requiring market makers to disclose more information about their execution practices, and by ensuring that they are providing the best possible prices to retail investors, the SEC can help level the playing field and give individual investors a fair chance to succeed in the market.
I strongly support the SEC's efforts to regulate market makers and hedge funds more closely, and I urge you to implement the proposed rule without delay. Thank you for your attention to this important matter.
Sincerely,
Aron M. Tstensen