Subject: S7-01-23
From: Caitlin Terpstra
Affiliation:

Mar. 15, 2023

NO EXCEPTIONS FOR CRIME. 

Liquidity only comes from selling securities, not massive fraud in dark pools by regulation abusing market makers using FTDs that said 
market makers do not yet own and have no intention of buying. 
This is and should be punished as illegal as everyone in the system is abusing the locate function and those securities never get purchased and end up being FTDs. 
I demand that ALL price altering FTDs be covered and closed since that affects the price. 
No naked short selling of any kind is allowed with buying the stock and that locates should be disabled. If no stock exists they can buy, no sale of the stock can be allowed in the dark of the night with amounts no retail investor is allowed to use. 
What should happen is a buy order should be put through and each person sees the buy order in their brokerage app and decides if they 
want to sell at that price. Give retail investors access to real price discovery not the fake price we see every day. 
NO market makers can be allowed to abuse the system and all fines should exceed the profit they may have realized. Failure to fine allows a corrupted transfer of wealth away from actual investor who put their life savings into Wall Street. This is just unacceptable and the rule changes allowing crime to continue have to be removed from the final rule or there was no rule to begin with.