Dec. 26, 2022
December 26, 2022
SEC,
As a Retail Investor and Teacher I feel reform in the way markets operate is long overdue and is necessary for our society to move forward.
What goes on in the Dark Pools? No more.
Failure To Delivers? No more.
Naked shorting? No more.
Infinite Liquidity? How is this sustainable? No more.
Can kicking trade settlements? No more.
Accountability? DTCC annual forensic audit? What does accountability look like, what clear and concrete boundaries/ action are being set that are impactful, measurable - that protect retail?
What is the function of the market?
If a share is not available at the current price, then the price should rise until a seller is enticed to sell. That this is not occurring as a standard function of the market - supply and demand - is egregious and felonious.
Our markets have been twisted and warped into what appears to be nothing more than a massive Ponzi scheme.
Regulators are not regulating with the intention to protect Retail. Market makers are betting against Retail, and then manipulating the market to ensure a certain outcome - building more wealth. This isnt sustainable.
It feels like people know what is going on in the market. That this market is in crisis. Confidence in the market is non-existent. We cannot sleep with the fire.
Appreciate the time,
- A Teacher