April 22, 2022
The retail community strongly opposes this proposal. Synthetic share creation should not be allowed in any way, shape, or form. The retail community is growing more and more suspicious by the day that the SEC does not have our best interest in mind. We are watching everything closer than ever before. We want and demand a free and fair market. We want harsh punishments for those who break the rules not a slap on the wrist or a cost of doing buisness. We are well aware of the systemic corruption in the financial markets. There will be a mass exodus of retail investors in the market if we dont feel we are being properly represented and if we dont see real change. Stop playing games and delaying the enevitable.
We are well aware of the over-leveraged institutions in the market and their bad decisions should not be swept under the rug.