February 7, 2022
I come here to comment as an individual about my stance on the matters at hand.
The markets can never be too transparent.
Investors can make a truly informed decision on their purchase of any security only if obfuscations and obstacles are removed, to allow them on the same level playing field with 'those who know better'.
While rules such as these are a good start for recovering trust lost, for now I believe that retail investors have a absolute lack of confidence in rule enforcement by their agencies.
Punishments are not reflective of the damage caused to the market, wether monetary or reputation in value.
Offending parties that violate these rules should be:
Identified quicker, by adding more tools to make the required information transparent.
Punished appropriately with more than a symbolic spank. The public has absolutely no confidence that this happens, and it is commonly viewed that fines are simply a fee for doing business rather than the punishment and deterrent that they should be.
Consider my frustration and that of the public that follow the rules, as we watch companies disregard them with insignificant recourse.
It reflects poorly on the enforcement agencies entrusted with their safekeeping.
Thank you.