February 6, 2022
I am greatly in favor of prohibition of fraud, manipulation and deception and encourage the SEC to impose severe fines to those found guilty of methods to manipulate the price of securities.
The markets will collapse in on themselves if something is not done to combat payment for order flow abuse, Chief Compliance Officer coercion and Security Based Swap manipulation.
The punishment must fit the crime. Those found guilty of prohibited practices should face security seizure, redistribution and possible liquidation of at fault parties, to restore faith in the market.