Feb. 26, 2023
February 26, 2023 I oppose this motion, as it would allow for unchecked fraud to continue to plague our markets. There is no reason to allow for 24 hours of operation for these inside players. The agencies with oversight (including the SEC) would be unable to prevent or limit questionable practices by these institutions outside of normal business hours. Obvious fraud that in theory would take place on a Friday evening couldn't and wouldn't be addressed until Monday morning. Until agencies have the staffing and wherewithal to effectively monitor the marketplace 24/7, no one should be able to operate in the marketplace 24/7.