Aug. 30, 2022
August 30, 2022 My comments will likely align with other retail investors. I have 2 significant concerns that do not appear to be addressed in this plan. 1) Dark pools and their ability to manipulate stock price. We should at minimum have a way to see how many shares are traded via dark pool. Even better would be to ban them. It makes HFM have a completely advantageous position over us retail investors. They even have access to know all of the data. Even if they use the dark pool, I ask Why they get that data in real time and retailers get old data thats no longer relevant. 2) The actions you plan regarding SPACs will harm retail investors greatly. SPACs offer a safer investment for many. We feel buying an equity that has NAV safeguard is one of the best opportunities for us retailers. When SPACs announce who their target is via DA or in talks, we feel we have a more equal opportunity with hfm or investment firms. Its an opportunity to buy at $10 and within weeks to a few months see $50 if its a great RM. Ive utilized SPACs in my Roth for years. SEC announcement of changes to rules of SPACs made them absolutely tank What a terrible thing to do to us Do you think we are not capable of doing our own DD and aviod any with shady spac S1? We do go to EDGAR. We read. We can navigate the SPACs without your intervention. Thank you for reading. I hope to see resolution of both.