Mar. 15, 2023
March 15, 2023
Why exactly are you proposing we make exceptions for market makers? One of which certainly has the largest conflict of interest in the history of the market. Either enforce the rule for all or why bother. Creating exceptions only creates an environment where those wishing to circumvent the rules simply seek exemption classification. I understand financial pressure is great but these bad actors are literally destroying the planet for their own personal gain while you supposedly guard the hen house. Allowing a single entity to grow to a size that it handles the majority of transactions on the NYSE is bad regulation. Allowing that same entity to also manage private investment funds is a massive conflict of interest. Allowing that CEO to perjury themselves before congress with zero repercussion is criminal. Finally, allowing exceptions for that same entity from and proposed revisions to the clearly failed exchange you currently oversee is unforgivable. Is this really the legacy
you would like to be remembered for when your time has come? The economy is collapsing under your watch and a large reason why is these corrupt institutions. The American people and the world deserve better from our public servants.