Subject: S7-32-22: WebForm Comments from Jason Drips
From: Jason Drips
Affiliation:

Dec. 15, 2022

 December 15, 2022

 Look I will keep this very simple. When we as retail traders constantly see our buy orders surpass the sale orders on a 3to5 0r 4to5 ratio on a daily basis. But yet the price of the stock is constantly falling no matter the buying pressure. It's do to one thing we know it and so do you. It is simply market manipulation by brokers and market makers Either by brokers sending our orders to pfof wholesalers who fill our orders from shares they claim to have on hand or they just give us a book entry saying that they filled the order when in  Reality they have not. Point in case (Citadel Securities) has sold but not yet purchased 65 billion dollars worth of shares and what about the rest of the major market makers and prime brokers?
Or the majority of retail orders are held onto by these wholesales and prime brokers in order to send them in to a  Alternative trading site or a dark pool that was supposed to only be used for institutional orders, but our buying pressure is routed to them so it ends up not having any effect on the lit exchange price of a stock, But they will then send all sale orders through the lit exchanges to increase saling pressure to movethe price down.
The simplest and easiest fix would be to force all retail orders to be sent to the lit market immediately. We retail traders have lost trillions of dollars because market makers and brokers have been allowed to send our buying pressure off exchange away from the lit markets. Thereby giving market makers and hedgefundsThe ability to steal from retail traders. We already do not trust the system. What do you think is going to happen if we all decide to walk away from a system by removing our money  such as retirement funding and 401k's and other things that the market requires inorder to work