Mar. 15, 2023
March 15, 2023 It's absolutely ludicrous to provide an exception that lets hedge funds and market makers play by a different set of rules than everyone else (ie regular retail investors). How can that be claimed to fair in any way? The exception must not be allowed, the rule must be passed with no exceptions. All investors should be bound by the same rules, otherwise you're directly making the market less fair and less transparent for retail investors. That's very obvious and clear. We need rules specifically to stop hedge funds and market markers from doing their market manipulation etc. Retail investors get caught immediately for doing illegal things, yet it seems that hedge funds and market makers get to skirt around the rules and if they occasionally get caught they get a small fine and allowed to keep the massive profits their immoral activity made. The SEC is meant to protect retail investors from predatory behaviour of hedge funds and market makers. Not protect them from us. They are billionaires while the general public are struggling. Do your job, do the right thing. Pass the rule with no amendments. Thankyou.