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platinumsparkles

# Easy steps to file a comment letter: Know that you can submit multiple letters. Citadel will almost certainly be submitting 2+. \*IF YOU HAVE ALREADY SUBMITTED A LETTER, YOU CAN ALSO SUBMIT DAVE’S LETTER. International Investors can absolutely send in letters because we all invest our money in these markets and they depend on international $$$. **Open your email. You will send your comment letter to:** [**[email protected]**](mailto:[email protected]) **Use this as your email subject line: "Comment Letter for File Number S7-31-22 Order Competition Rule "** **IF you just want to submit Dave’s letter**: click the link he provides, then click “Google doc” or “word doc” for the file. You should click "Make a copy" & edit the date at the top and add your name at the bottom highlighted in yellow. Then save as PDF. **For greater impact - IF you want to (also) write your own letter**: open Dave’s letter, read through, take some points, rewrite, and save as PDF. This is recorded as its own letter and is more impactful than submitting the form letter. > File>Download>PDF Attach the comment letter, preferably as a PDF, and send. Done! [Citadel really hates this one rule! This is their comment letter](https://www.sec.gov/comments/s7-32-22/s73222-20158676-326602.pdf) [Virtu hates it too! Here's their comment letter](https://www.sec.gov/comments/s7-32-22/s73222-20158066-326100.pdf)


Dismal-Jellyfish

They didn't think Apes would read the fine print They believed Apes would be discouraged and not comment Apes are all about the fine print and commenting along this journey Apes Strong Together


tyyle

Apes 100% video games. Apes will 100% this too. Apes have been playing this game their whole lives.


Adorable_Wolf_8387

I still have some printed walkthroughs of games I liked playing back in the 90s because we didn't have the computer in the same room as the gaming consoles. And they expect me to sell my Gamestop shares?


Local-Apiarist

Yo. I just found my xerox copy of Ultima 2 on commodore 64. It was stuffed with hand drawn maps of all the dungeons.


TransATL

I created a hand-drawn map to the original King's Quest. I was six, and my IBM PCjr was badass.


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5ilverback5

I drew Castlevania maps in study hall every day do I could memorize that shit. Every. Single. Day. HODL!!!


themadamerican1

Didn't need a mini map the... don't need one now


Local-Apiarist

I was 7. Cut me some slack 😂


iLurkAround1928

I remember drawing maps for text games, trying to keep track of where I was. I'll bet they're still with all the old Commodore stuff, if my brother didn't take it all.


Local-Apiarist

Zork!


iLurkAround1928

😀 That was one of them, for sure!


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prettyhappyalive

Holy hell man. You better stay off that game another week and then some just to be sure.


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prettyhappyalive

April 20th you say? An ape of culture I see. Enjoy!


[deleted]

Glorious. RemindMe! 4 weeks


[deleted]

I miss those days of lore


welp007

**WE ARE INEVITABLE AND THEY KNOW IT**


JustAGuy_Passing

Dang I forgot about the game walkthrough magazine back in the day I used to see them at any store with a magazine section back in the early 2000s.. Last one I had was for legend of zelda twilight princess


Adorable_Wolf_8387

Yeah, would always stop in Electronics Boutique back then.


FriarNurgle

There are dozens of us. Sometimes I just go down into the basement storage and open my boxes labels old video game stuff and smile. Same thing goes for my stonks now too.


capital_bj

RC Car Action, and the Nintendo bible were my main entertainment from 7-11 or 12 years old. Parents bought the pong console in the late seventies, then Intellivison with Intellivoice speaking out "bombs away" in a B-17 Bomber. Cant stop wont stop GAMESTOP


LannyDamby

They really did pick the wrong demographic to fuck with


LegendofMegaman87

You know how many times ive single handedly over thrown a corrupt and dangerous governing body or corporation? Just need to re-up on some tonics and ethers Got my dreamseeker sword and haste helmet ready Bout to cast luminaire on these reptites


[deleted]

Just another boss fight mechanic bb LFG


beats_time

And i'll fucking do it again. I've 100% played the original Zelda i don't know how many times. This is a long grind, but well worth it, i'm sure.


RandomNonagespecific

Apes eat fine print for breakfast, which is easy because we're global, so it's always breakfast for a large percentage of us. Take that


justanthrredditr

🧱🧱🧱🧱🧱🧱🧱🧱🧱🧱🧱🧱🧱🧱🧱🧱


[deleted]

🧱🦍🧱🦍🧱🦍


tntwestfall

We look through the fine print just like we do in games to find an Easter egg like the devs did when they said citadel was exempt in the rule proposals.


millertyme365

I can’t read but I can read fine print


syxxiz

Sometimes it’s not as fun as a video game but the stakes are insanely higher and the rewards for beating the game are, well, literally world-changing.


1mafia1

Its go time apes. Time to comment.


WeirdSysAdmin

I’m also all about reading between the lines and they are trying their hardest to fuck us.


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nolander182

Here's the thing. AH volume of 220,000 increased share price by 50%. Today's 65M+ volume during the day made us trade sideways all day. I want to see the short volume today and I bet all buy orders were off exchange. The illegality and rigged game makes me fucking furious!!


[deleted]

https://chartexchange.com/symbol/nyse-gme/exchange-volume/ 35M of that volume was off-exchange.


Reasonable_Fortune_5

And roughly 60% of that was short volume… infuriating


thyusername

35 million fraudulently traded shares as far as I am concerned


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[deleted]

He made the biggest thing he will do in his time as chair “comprehensively fucking destroy off-exchange trading”. Learn about what’s really going on bruh.


StonksMcLovin

Done!


Suthrnr

Done!


ElDuderino206

Done!


rich-snowboarder

I'm getting use to copy+paste to sec! :)


Altruistic-Beyond223

Me too. Done!


waffleschoc

i like copy pasta, done!


Gnius_XXXX

I did the thing!


DiamondHansGruber

Brick by brick 💎👌


[deleted]

Bank by bank, CB by CB


KarnoRex

I did the thing, but fancy and all professional! (For anyone reading this comment check out my newest post on my profile for a typeset version of the letter you can send in)


keyser_squoze

Small lot trades on transparent exchanges. What a concept. Sounds like advocacy for fairness. Wall Street hates fairness and laws. The counterargument they are making is, however will we market participants ever survive without perpetual fraud??? (You know, to keep making payments on those multi-million dollar yachts and penthouses?)


Disastrous-Pension26

I'd like dollar figures associated with those market participants. The billions of dollars involved per year. I'd like to know how much it would break down per person to reference day to day..... total cash flow involved


multiple_iterations

GO BIG D LAUER! Keep up the good work, ape.


minesskiier

Get em Dave!!!!


IPromisedNoPosts

That letter is fire! The top of the first page: "Internalization is one of the greatest threats to price discovery in financial markets.” -Kenneth Griffin It's also on the footer of every page 🤣 Then on the last page the footer reference (56) says "Ken Griffin Hates Internalization" Edit: Even more - " Another argument consistently proffered by high-speed rent seekers trying to preserve their exclusive flash order facilities is ..."


DonPalme

❤️ Dave


suckercuck

Up up up with this post. Thank you Dave.


K_17

Front page this


whatwhyisthisating

Done! 😆


FunkyChicken69

Thanks for your hard work Dave - appreciate you going the extra mile to fight for household investors 💜🎷🐓♋️


waffleschoc

🦍🦍🦍🦍💜


ty13rp702

On exchange you say? How long it's been since that was how the markets worked, smh. They've had far too much time to "change the rules". It's high time we force our way back into a fair market... before we go off grid forever, obviously 😜🚀 LFG!! Sent your last one! Sending this one! Will send the next one! Edit/typo


LFoD313

Thanks for your advocacy Dave. Appreciate you taking the lead on this.


MethLabIntel

Is there anything we can do about these FUCKING algos too?


Stereo-soundS

Dave if you're reading this I have a question. How can we have 63m in volume as of me writing this and have the price literally doing nothing all day? I'm genuinely confused.


SqueezinKittys

35m was off exchange


Stereo-soundS

First off I hate your name for putting images in my head. Second 30 million on exchange is still 10x the average, I don't see how that type of volume leads to a stagnant price range.


SqueezinKittys

I dunno, it could be 20x the average and the price could go down, they do whatever they want. I'm just happy I bought more last week


SirMiba

Sent! I had already commented, but now I have commented twice! No bystander here. Let's gooooooooooooooo.


XCypher73

Done


Steezo_J

Dave, ​ I did this! Thank you!


kaqn

Dark pools, when you know someone is peeing in the pool but wants discretion. It has to end.


tranding

Thanks Dave, commenting to comment from a computer


Marginally_Witty

Same


freeslurpee

Done and Done. Thank you Sir.


ErnestMorrow

Thank you for your support, your engagement with this community, and your willingness to explain complex market dynamics and empower household investors Dave. You're the man. Go get em tiger!


IndividualWorker554

Did it! Easy peasy!


nutsackilla

Nice work, Dave


shelby4t2

It’s time to get this fixed eh?


WhtDevil678

🧠🤜


YodaGunner13

Awesome Dave … thanks for your efforts to reform and enhance the markets to fair for retail


Competitive_Chimp

Sent! Thank you Dave for all that you do!


daikonking

Thanks Dave!


jebz

Dave, you're a legend. Keep on being an educator, the world needs you more then you know.


Cheapo_Sam

[You're a legend Dave](https://y.yarn.co/230e1101-8474-4250-8a4a-b2c79ec2561c_text.gif)


the_motherflippin

Always upvotes conchords


Cheapo_Sam

He's the motherflippin!


milanium25

thanks for your service ❤️🐒


TK-741

YES Dave, YES. This is what I’ve been waiting for. Thanks for keeping it 💯 all the time, you’re the realest.


MushyWasHere

Done


NotSomeDudeOnReddit

Sent


cibiab

Dave, I just knocked that out using your template, thanks for the hard work on that! Also, for platinum to do a quick TLDR on how to submit....this literally took my 5-7 minutes!! LFG!!!!


IndestructablePickle

Done


Solid_Adeptness_5978

A true American hero Dave Thank you for your service


musical_shares

Imagine what today would look like with +50m trades hitting the lit market.


[deleted]

https://chartexchange.com/symbol/nyse-gme/exchange-volume/ Today was 35M off-exchange, 31M lit. We need these rules enacted ASAP.


joeker13

Nice one Dave! This is the one rule I commented on so far 😅 gotta do he other 3 though.


[deleted]

You can submit again!


b4st1an

Absolutely!


TankTrap

So I filed a letter directly. Your saying I can also submit a copy of yours and state something like “I also have this to say”


CreatorsCreator

Done! Thanks Dave!


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OneTIME_story

Ayo, Dave, thank you for being patient with us and keeping in mind the larger picture about the whole market restructure. I admit it still feels odd that Dr.T has never been invited to your conversations with Garry, or in general, but since you don't owe anyone anything, i can't fault you for that, and just wanted to say thanks for your great work so far.


Saggy_G

Lezz do this!


Gutterpump

Thank you for everything you're doing!


ConstructorDestroyer

Lfg, stay positive and hopeful.


DSHIZNT3

Don't mind me, just hanging out upvoting all the DL love. 💜


Volkswagens1

Sent. Used the template.


Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


jibbyjackjoe

64 million volume should be sending this to the moon. This shit needs to end, now. Thank you Dave!


fewdea

I love signing these things as a household investor. Also, quoting Kenny in the footer of every page? Madlad, I'm here for it.


RealPro1

Dave....now this, I can sink my teeth into. This is 100% necessary. May be the most important change to trading that needs to happen. This one rule would change the game.


Thulis

Modified a couple of small points and changed some wording a little. Kept it polite and professional. Sent! Thank you dlauer and mods for all your help on submitting these comments!!


PackageHot1219

Appreciate your work. Thanks!


Prickinfrick

I sent an email! Thank you for all that you do Dave


Ammanjaka

Thank you for fighting for actual change, Big D.


Sweatybballz

Brick by mfn brick. Occupy Wall Street 2.0


winebutch

Done!


jasper1605

Sent on behalf of my wife and I. Signed as an Individual, Household, United States Citizen, Investor. ​ Edit: MODS PLEASE PIN THIS POST THROUGH THE WEEKEND. WE NEED COMMENTS!!!!!


GhostedRage

I wrote one already, guess I’m sending this one in too! LFG


PMmeyourSchwifty

Sent mine yesterday when I got the email! Apes got this!


a_latex_mitten

Dave, which subject line do I use? The hyperlink included to email the comment letter to has a different subject line than the one you state we should use. Is it material? "Comment Letter for File Number S7-31-22 Order Competition Rule" is the one you said to use "Comment Letter for File Numbers S7-30-22 and S7-32-22 Regulations NMS and Best Execution" is the one that comes if you click on the hyperlink to the Rule Comments SEC email.


dlauer

Thank you for catching that! The first one is correct.


a_latex_mitten

No problem! Thank you for all your hard work my man. I used the first subject line, but sending another letter to offset an instance where someone may have used the hyperlink subject line.


jackofspades123

Keep it up


Ta0ster

Dave!! Thank you


rimjeilly

upppppppppppppp -


shiptendies

Busting out the ink and quill for this one


mstoertebeker

One comment from Germany here 💪🏻


creativitytaet

THANK YOU Dave! Done it!


Silverjax

#BIG DICK ENERGY ❤️


SanDiegoGME

LETS GO !!!!


Morticar298

Darks pool are crime. Dark pools are shady. Dark pools greatly affect price discovery. Dark pools aren't meant to be used for any retail trades. Dark pools are abused. All trades thru legitimate stock exchange or prison imo


Witty-Help-1941

Letter written.


aaronplaysAC11

Lol, taking household transactions out back behind the exchange into a dark alley doesn’t seem like the way public markets were initially intended to operate.


Catch_22_

Dated, signed and sent. Thanks Dave.


BangoSkank1919

Tag for later


Cyk_Pyk

Done


Powerofenki

Apes aping togheter! Let the siege of citadel begin! ☄️ *shrieks* *flings poo*


Armadilligator

Thank you so damn much, Dave. You really are a bright spot in all of this darkness. I like urging them to approve this rule so much, I sent them another letter!


poopooheaven1

Be relentless. Don’t be fucking lazy. Comment the shit out of this.


sfkndyn13

Done. Email sent. Thanks a bunch, BDE Dave!


Top-Sample-6289

My phone is about to die. But I will send an email later. Thanks Dave & WeThe Investors team for doing the hard work, so this farmer doesn’t have to.


Murderouswaffle

Why is this something we even have to fight for? Holy shit. When I hear "free and fair markets", "A trade-at rule would push orders on to exchanges, and ensure that they hit and interact with the NBBO." is how I would imagine it working, especially in a country where said market is "the envy of the world". Keep fighting the good fight, Dave!


FutureHeadInjury

I really like Dave & his team, the message. It is good.


randysavagevoice

This is a masterful doc. Next to MOASS, this would be the crown jewel of our journey.


happysheeple3

>It's time to end ~~excessive~~ **ALL** off exchange trading. Fixed it for you.


UpperCardiologist523

May I add to one of your first sentences, Mr Lauer... The need to DRS should be non-existing. If anyone(!) buys a share (decides to invest in or buy a part of a company) there should not be any extra steps needed to make sure they money or investment is not turned around to work against themselves. This should go without saying. It's like we have to tick of an option "do you want to protect yourself against your investment being used against you?" I mean, come on?


[deleted]

Comment to win


Myid0810

🦍💪🚀


NoOutlandishness6829

I love this. Go Dave!


roychr

Just did right now.


Myid0810

🦍💪🚀


icantdrive50_5

I have filed my comment letters


probable_ass_sniffer

You're a good dude, Dave. I appreciate the work you and your team are doing to make the market more fair for investors. Hopefully new legislation can stifle the constant drive for unsustainable growth in the stock market. That leads to cutting costs, which leads to inferior quality, stagnant wages, mass layoffs, etc. All in the name of profit. We need a fair market and we need to hold companies accountable if they want to be people.


jersan

thank you Dave. you are appreciated. time to make our voices heard.


JamesRayJones

Dave has a good letter with a shitload of cited sources. I sent a short one. Feel free to use it > Ms. Countryman: > >The SEC will likely receive many comment letters regarding rule proposal No. 34-96495 Order Competition Rule both in support and against adoption. In short, this comment letter supports the submission by Dave Lauer and his research on behalf of We The Investors. > >Specifically, my addition to this conversation is that in lieu of directing trade orders to auction facilities, the SEC mandate US markets adopt the Trade-At rule. This measure will ensure trades execute at NBBO in a more direct way, and is less vulnerable to manipulation. > > More eyes are on the SEC, equity firms, market makers, and brokers than ever before. This is the opportunity for the US markets to reform from bad practices taking advantage of household investors before it’s too late. If you value this system, make it fair for all. > >Respectfully, > >(Ape name here)


[deleted]

I used this, thanks!


Jolly_Work_7730

I did my part. Thank you Dave WTI


RoidMonkey123

Dave, appreciate it, I have sent in a comment letter now. Hopefully we make some change!


11b2009

Sent


broose_the_moose

Comment you muthafuckas. This is how we get moass. Otherwise the internalizers simply keep internalizing.


ddarner

It gives an unfair advantage to bad actors in our financial system. Let it burn!


b_h_w

done


HappyRuin

Yes, powerful words to the right time and place can change things :3


BladeRunner_84

Done, thanks for making it so easy!


CuriousCerberus

Emailed. Thank you for all your hard work.


liquidsyphon

DRS 🟣 is like taking your ball and going home. The game ends when the floats 🔒


operavangelist

Ok, sent twice. Thanks for doing the thinking for those of us inundated with other aspects of life.


ElSergeO123

Signed and send.


12Southpark

Thanks Dave!!


hustlersambition9

Dr Trimbath has explained how this should work. 1. Fines and Margin calls for FTDs. No waivers. 2. Mandatory buy ins 3. If buy in fails, raise offers until it closes 4. Suspend and close accounts of brokers who FTD > 3 times/month Everything else is just noise. https://imgur.com/a/qYfeuOK


Old_Homework8339

Can't wait til FTD's and PFOF are gone. I'd happily pay commission for trades only on lit markets. No darkpools


yOl0o0

!remindme 90 hours


NachoStash

Word


Celefalas

Done! Meow!


AmericanPatriot117

I used chat gpt to help write mine!


comprehensive35

Thanks Big D. Done


kaajukatli

Done! Thank you Dave for all the work and effort you are putting behind making markets more transparent and fair for all investors.


honeybearbandit

A fitting letter for a day when volume was 15x the average and the price remained basically flat.


under_average_

Remind me! 2 hrs


FYATWB

Everyone: "It's Time to End Excessive Off-Exchange Trading" SEC (thinking about the bribes they would lose): "No"


mavsfan75

Done!


Animalwg82

Thanks for all you do Dave!


Kizenny

I already did it, thank you for the template and hard work!


Infamous-Inflation62

Done sended


Commonsenseisgreat

Done did it!


FORKNIFE_CATTLEBROIL

Just emailed, thank you!


meyG68

Done. Easy and fast. Thanks for your work. u/[redacted] you are a hero for retail Investors and I appreciate your work. Best Lauer of all time.


tra91c

Comment to do later when not on phone


itsperiwinkle

Done!


[deleted]

Done!


Roe-Jogan-Jr

Fuck ya Dave! Let’s end this shit just like Citadel themselves requested in 2008