May 13, 2015
i am disappointed in the composition of this committee. the financial intermediaries are well represented. the job of the SEC is not to keep the financial intermediaries happy and advantaged. the SEC needs to review their mission statement and more closely align their actions with the mission statement.
i am looking at the difference between ms. white's statements and her behavior in appointing the committee. nonetheless, i hope that this committee will make a positive impact on market structure.
i support eric hunsader's submission on the topic.
i have read several recent statements submitted to the committee and i do not support any of those. too many of those want to continue to enable financial intermediaries at the cost of investors. there is no need to enable trading. investors would rather see true prices and quantities than false ones. investors don't need hidden orders or superfast execution. investors don't have a need to trade as often as financial intermediaries.
suzanne hamlet shatto