Jun. 25, 2023
This rule will ruin the already fraudulent market even more. Highly recommend against this. Derivatives are already out of control. If institutions would have the ability to buy a bunch of otm calls/puts of a company for pennys and use that as voting rights, then voting would become completely pointless for retail/household investor's. I really hope the SEC takes this seriously. There's so much wrong in this world and the protection of the 1% will ultimately be the doom of the world. The endless naked shorting/price suppression/spoofing is out of control. It's all become so fake, people have lost faith in the global financial system. There needs a be a real redistribution of wealth so the people can make a difference. To many people are struggling and it's because the elites have complete control over everything. The endless bailouts of overleveraged banks and institutions has to stop. Risk management isn't being monitored properly. There's no excuse for ftds. Dark pool abuse is beyond sickening, it's even been admitted that 96-99% of retail orders are routed thru them. Seriously? Fraud! They were designed for institutions to do big orders. It's at the point where retail buys shares and prices don't move. Zero price discovery. I do not feel "protected" Buying and selling should only be done thru real exchange. Otherwise it's a just a giant ponzi scheme to steal from the little people. Am I wrong? I hope this reaches someone that will take this seriously. World has to change soon. Thank you, A concerned investor