February 19, 2022
To whom it may concern
Hello, I am a US citizen and tax payer. I have been trading securities as a retail investor for just over a year. Within the year, I've witnessed blatant market manipulation in price of securities as well as buy/sell orders in addition to routing individual retail trades of securities through dark pools/dark exchanges.
By manipulating the market, hedge fund/brokeragefirms/Market Makers are stealing from retail investors. Most of wich make up the backbone of our country.
It should be against the law for any market maker to trade securities, especially within its own brokerage firm. This is a huge conflict of interest and should be dealt with swiftly.
As a tax payer, The appointed officials paid by our tax dollars, should have more interest in protecting retail investors rather than laying in bed with brokerage firms and market makers. A small fine is in no way a justifiable consequence, in comparison to the amount of money that is stolen from the American people on a daily basis
New Laws should be implemented to protect retail investors and keep this from continuing to happen, And or ever happening again.
Transparency should be at the forefront. And and all information as well as transactions within the securities exchange markets should be made public and readily available to the public tax payer. No individual or entity should be allowed to withhold information in regards to the exchange markets or any other regard.
I feel distraught, vulnerable, stressed, depressed, and suicidal after having money stolen from me by these brokerage firm, hedge funds and market makers.
I am also sickened by our US government, whom runs on these same tax dollars, for allowing this to happen for so long.
Please be diligent in corrective actions.
Thank you for taking the time to read this. It is truly appreciated.
Sincerely,
United States of America Citizen and Tax payer