Jan. 12, 2023
January 12, 2023 I absolutely think this is a step in the right direction for retail and market fairness. As important as this is however, the largest, and single most undermining and criminal threat to market integrity is the continued allowance of FAILURE TO DELIVER of so called market makers, brokers, and other institutions without forced buy in. This practice is enabling the broad-daylight robbery of retail and completely undermines free markets and price discovery by allowing manipulation of securities behind closed doors. With all due respect, regulation best execution is good but it's the equivalent of putting a bandaid on a severed artery. It doesn't really fix the big picture.