Mar. 15, 2023
March 15, 2023
This is ridiculous. Liquidity only comes from selling securities they do NOT YET OWN which should be illegal. Everyone in the system is abusing the locate function resulting in FTDs as the securities are never actually being purchased.
ALL FTDs MUST BE COVERED AND CLOSED
No naked short selling of any kind should be allowed. If no stock exists no sale of the stock should be allowed.
True price discovery is an illusion in these markets. You act like you care about household investors but you want to keep the infinite liquidity machine churning so you can continue to siphon every penny you can from the masses.
At what point will you realize the damage you are doing to the household investors faith in the market is irreversible? You will destroy everything if you keep this corrupt game going any longer.
Enough is enough.