January 21, 2022
My name is Jaime Cruz. I am a day trader/investor speaking on behalf of myself and my group of fellow investors who also share my same point of view. It has been apparent to many other retail investors that big institutions have access to more advanced technology and have been able to develop software that lets them perform high frequency trading. High frequency trading has been found to be very dangerous to some extent when also using dark pools and naked shares to alter the price of any given company. It has become blatant this is being done when for example, \"X\" company has zero reason to go bankrupt, with investors buying everyday, and back to back positive earnings reports, yet the price of the stock keeps going down. There needs some light to be shed on every institution and market maker that play the game of Wall Street and have access to these technologies to report all of their trades same day. Dark Pool should be regulated or non existent unless everyone has access to it. Naked shares shouldn't even exist because they are not real and have diluted many companies due to over buying the cap amount of stock available for \"X\" company. All of this information has been passed along and I am only doing my part to share a similar story from many others who also feel the same way.