Apr. 20, 2022
The public is becoming well aware of the inner-workings of our financial systems. Many of these practices and tactics are indeed a systemic risk to our global economy, while also making our fair and transparent markets anything but. The concept of naked shorts and failure to deliver shares is completely unacceptable, and would/could not be tolerated in any other setting. If there is enough information and data made available to the public that allows us to clearly see manipulation and wrongdoing, it should be just as clear to the SEC, who governs and enforces these matters. In fact, much of the information is likely shared via your Twitter account. If you take the time to engage or perhaps speak with the public, this information can easily be communicated. Penalties and fines must be more than a “Slap on the wrist” for those guilty of manipulation, otherwise it is not a deterrent but a minor inconvenience for breaking the law and making more money.