From: Suzanne Shatto
Sent: January 25, 2017
To: rule-comments@sec.gov
Subject: rule comments: 34-79863 Jan. 23, 2017 Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Exchange's Data Fees at Rule 7023
34-79863 |
Jan. 23, 2017 |
Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Exchange's Data Fees at Rule 7023 |
https://www.sec.gov/rules/sro/nasdaq.shtml NASDAQ does not see the consequences of their actions. they allow financial participants access to invisible information, they allow advantages to HFT and marketmakers.
and then the # of retail subscribers declines?
perhaps NASDAQ should stop paying maker/taker fees. we don't need all this fake volume that is designed to bamboozle us. exchanges don't need to pay HFT/marketmakers to take our $.
there is nothing so say that the present fees are the right prices, nothing to say the increased fees are the right price.
i think the exchanges should move toward presenting a real market, rather than a fake market.
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sincerely,
Suzanne Hamlet Shatto
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