Mar. 16, 2023
March 16, 2023 I have serious concerns regarding the reproposed implementation of Section 27B of the Securities Act of 1933 and the potential risks to the US equities markets and the average retail investor. I believe that the reproposed rule allows market makers and hedge funds to retain unilateral power over the average retail investor. It is important to ensure that regulations are in place to prevent such abuses. The original rule was much more equitable for all market participants. If market makers are able to internalize trades, naked short sell, and continue to fail to deliver shares under the guise of \"providing liquidity\" it will limit the ability of retail investors to obtain the best possible price for their trades, potentially leading to decreased liquidity in the market and increased volatility. This could also raise concerns about fairness and transparency in the US equities markets.