Oct. 10, 2022
October 10, 2022
Hello SEC,
This comment is written in regards to S7-18-21.
Market transparency is a must. In today's digital age where retail investors are not seeing transparent data, this likens the stock market akin to a casino. The market should be more than that.
Perceived market unfairness could lead to decreased market activity and participation by retail investors when other spectulative investments such as NFTs and crypto exists. This is to the detriment of everyone involved.
The SEC has a duty to protect retail investors and it starts with increased market transparency. Therefore the SEC should support the intraday 15 minute reporting requirements proposed in S7-18-21.
Thank you