Jun. 6, 2022
You need to actually do your jobs. You dont even have to make a new rule, just enforce the ones you already have in place. Rule 304 (a)(4) to ban dark pools or ATS. When large financial institutions are abusing the power they have, you are obligated to protect retail investors. If you’ve forgotten this is the whole reason you have a job. Many companies are being maliciously shorted with counterfeit shares or synthetic shares. It should be considered racketeering at this point. Select few companies, AMC and GME are the focus here. The amount of synthetic/counterfeit shares being used to suppress the price of each does not follow the rule stating that the use of synthetic shares can be used in good faith to provide liquidity and stability to the market. They are being used to steal money from retail. Thanks for reading, just do your jobs or don’t. Either way end result this will end up exposing the US markets for what they are. Maybe if you guys show some initiative to take on the corruption you will eventually get the trust of retail back and there will still be a market after this.