April 23, 2022
When broken down, this proposed rule change is CLEARLY designed to protect the very institutions/individuals that are harming todays society. This ILLEGAL activity in the stock market is preventing these said institutions/individuals from facing years in jail for their blatant manipulation. The activities, naked short transactions and engagement in synthetic shares, happening before our very eyes is detrimental to our market. The artificial suppression and manipulation of the real prices of these stocks will cause a worldwide collapse if not prevented. This activity protects large and powerful entities from losses due to their own poor investments, an advantage that common retail investors are not able to partake in. Retail investors can lose everything, including their lives, while the regulatory agencies turn a blind eye. The safety net of nefarious rule changes or bailouts these hedge funds receive clearly do not even the playing field for the retail investors. But as millions of us are now learning, retail losses are sometimes not even due to poor investment choices, but rather we are merely victims of corrupt and illegal stock market practices being committed by hedge funds, market makers, brokers, etc. And this time we are watching. If retail investors are not properly represented and protected moving forward, our voices WILL be heard around the world, and this could have a negative impact on the markets as a whole moving forward.