February 7, 2022
I am a retail investor and I am in favor of this rule.
And by doing so, I hope that we will see those proposed rules also being enforced/working.
Just looking at the past year it has become completely obvious that Reg-SHO is largely ignored by broker-dealers and they continue to navigate the market unpunished. Or loosely punished at best with fines being small fractions of the total profits created.
Our market is completely broken and feels just completely unfair when you compair banks/HFs vs retail.
There is a lot of information not available to retail who is supposed to also be able to trade in this \"fair market\" and most big players in the market just break rules and missreport without any major consequences.
It looks like paying fines for breaking the rules is the way of doing business on Wall Street and has become pretty much the standard.
Your organization. is supposed to reguate and punish missbehavior in the market.
But with no actions retail is becoming fed up with everything and the trust in the SEC is getting smaller and smaller.
\"Talk is cheap, it takes money to buy whiskey\".