Apr. 20, 2022
This rule, even the proposal of it, is an abhorrent forsaking of justice in our equity markets. It isn't 1995 anymore. The internet exists and "retail" investors aren't as stupid as you want us to be. It's appalling that the SEC has the audacity to claim that they work towards fair markets when they actively censor individual citizens concerned about the very real and ongoing destruction of true price discovery through dark pool manipulation. Then you propose a rule to allow funds to back out of their CONTRACTUAL obligations that will further damage price discovery in their favor while creating another inaccessible barrier for retail? This is absurd and shameful. Disgusted, A beleaguered citizen