June 5, 2021
It has come to my attention that you are fining Robhinhood $65million for PFOF abuses.
The punishment compared to the crime is just the cost of doing business for them.
WHY ARE PUNISHMENTS FOR STEALING $100 LESS THAN FOR STEALING $1000000000????
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Example 1:
If I steal $1,000,000 from a bank I would have to GIVE BACK ALL THE MONEY and then go to jail.
If Robhinhood steals $500,000,000 the public they have to give back $65,000,000 and that's it.
Example 2:
If I make a fake $100 bill and use it to buy a real product in a store. I will go to jail or be shot and killed.
If Hedgefunds or Brokers(like Robhinhood) create BILLIONS of dollars in fake shares and sell them for real products. Then they are just told to not do it again and fined less than $1,000,000.
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By refusing to actually punish organizations for committing illegal acts, stealing from the public, and counterfeiting US currency.
The S.E.C. is acting as a collaborator and enforcer in a criminal enterprise.
As a private citizen I can do nothing else but believe that:
THE S.E.C.'s SOLE PURPOSE IS ACTING IN COLLABORATION WITH CRIMINALS TO PROTECT THESE CRIMINALS WHO ARE DESTROYING THE WORLD ECONOMY.
The SEC has proven with their actions that they/you are not interested in protecting the markets or the US public.
Once all the criminals that the S.E.C. is protecting lose their money to 'meme stocks' I will no longer participate in the criminal enterprise that the media calls the US stock exchanges.
Because the US market is overtly fraudulent I will be taking all personal and family investments to the Japanese stock market as they are moving to a blockchain based stock exchange to prevent the same criminals that the S.E.C. is protecting from counterfeiting more stocks.
If the US decides to actually create a fair market I may considering reinvesting in US markets in the future.