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On April 11, 2023, the Antitrust Division of the United States Department of Justice (the “DOJ”) issued a public comment on four proposed rules promulgated by the United States...
The Antitrust Division of the Department of Justice issued a public comment on four proposed rules promulgated by the SEC. The DOJ applauded the efforts of the SEC to promote competition. The comment noted the Order Competition Proposal promotes transparency and competition.
Conscientious faithful words grate upon the ear. In an effort not to be lost in the ocean of comment letters to the SEC, we at Data Boiler want our views to be heard. In this article we use analogies to promote communication and understanding of the complex subject of market structure reform. Please do not block us from shedding light on taboo topics. Constructive debate helps avoid the phenomena of “blind people and an elephant”.
By Kelvin To, Founder and President of Data Boiler Technologies.
Order Competition Rule would harm competition among trading centers and should be withdrawn.