Apr. 21, 2022
I am saddened by the SEC's failure to deliver on its designated purpose. When evidence for dark pool abuse, naked shorting, algorithmic trading, and many other illegal practices that are commonplace in the current market were exposed, I thought surely now the SEC will do something. Your job to find illegal activity has been done for you and the criminals have been handed to you on a silver platter. However, when you still did nothing, I began to realize it's not that you were incapable of fulfilling your responsibilities, rather it seemed that you are unwilling to. All the evidence to end market corruption and place these financial terrorists in jail is in front of you, figuratively handcuffed and ready to be prosecuted, but they still run free. Your detective work had been done, evidence collected, and all you needed to do was to act. Yet you have not. With the consideration of SR-NSCC-2022-003 I am beginning to think that not only are you not willing to do your job to help retail and facilitate a fair and free market, but that the SEC is actively working with the financial terrorists of Wall Street to serve your, and their, best interests over the interests of the country and its economy. I am asking you to set aside whatever personal interests the SEC has that has incapacitated you from serving retail investors, and please see the value that restoring a fair and free market will do for our country. Please prove to me, and millions of other retail investors, that the SEC is not corrupt as so many seem to think. Please do not pass SR-NSCC-2022-003. And why is Payment for Order Flow still legal? - A Hopeful Individual Investor