May. 10, 2022
100% transparency is required for an efficient and fair market. This is a necessity as a result of firms falsifying data, not sharing their books accurately, or being late in disclosures. Abusive short selling will cripple the markets. Abusive naked shorts are rampant across many stocks, ETFs, etc. Payment for order flow firms are a main culprit - it is nothing more than a mafia scheme, siphoning a % off the top of each transaction. This is no different than a mob boss requiring people in their sector to utilize their way of doing things or no way. The SEC must pursue, in conjunction with criminal litigation partners, the corrupt scheming, and actions of firms that are creating volatility in our markets. Without doing so, we will continue to see money stripped from the people whilst lining the pockets of the stock mob bosses. Do better. Be better.