Oct. 09, 2022
October 9, 2022
If the Strategic Plan for Public Comment means anything especially when it comes to protecting working families against fraud, manipulation, and misconduct, then allowing short selling to take place without the proper transparency is doing the exact opposite. On top of that dark pools are being abused against companies that are actually trying to make a difference, which takes away from fair competition amongst companies and true price discovery (Vinco Ventures $BBIG is a prime example). With how short selling is taking place without timely transparency and allowing the blatant abuse of dark pools it is clear that the SEC seems to be prioritizing hedge fund comfort and profiteering over protecting the working families which represents the retail investor. Timely detection and transparency of any abusive behavior must take top priority in order to get back to a somewhat fair market because at this point with how payment for order flow is managed along with the lack of transparency f
or the \"working families\" (retail investors) we are far from a fair market for ALL. We MUST have timely transparency and if there is nothing to hide then this should not be a problem at all. My grandfather always said \"Its never hard to be open and honest when you're doing the right thing with integrity.\"