Mar. 26, 2023
This proposed rule will make the stock market fairer and more transparent by promoting competition among different places where stocks are bought and sold. I am in full agreement with this rule and it's necessity! This will ensure that brokers and wholesalers are being honest and transparent when they help retail buy and sell stocks. Otherwise, if a broker has a deal with a particular trading platform, they might be more likely to send their customers to that platform, even if it's not the best place to get the best price. This is unethical. Approving and enforcing this rule will make sure that Alternative Trading Systems (ATS) - which are basically platforms that match buyers and sellers of stocks - are following the same rules as regular exchanges improving market fairness and efficiency. Thank you.