February 6, 2022
To the SEC
Anything besides full, timely and complete transparency in all trades is manipulation and fraud. Transparency is key for trust in the global markets. Hiding data (dark pools, price manipulation, naked shorting) is obviously advantageous to those who do it, or else it would not exist. It is clear that it given a leg up to the market makers who use it. We call that \"cheating\" in most businesses.
The SEC and FINRA have been complicit in allowing this fraud and manipulation to run rampant, in defiance of their own policies. Nominal fines are not effective dissuasion. Individual investors, small businesses, and indeed economies are sadly being stifled by bad actors. This has gone on for decades with little recourse or repercussions for those perpetrating crimes against small investors. Prison would be appropriate.