Aug. 25, 2023
It's becoming of growing concern that regulatory agencies such as the SEC is being complicit in allowing market makers to exploit loopholes such as exempt short sales and off exchange trading to suppress true supply and demand as well as natural price discovery, and quite possibly illegal naked short selling. Why has and is CATS amendment continually delayed? Why is RegSho rule from 2004 not clearly enforced? Why is there no auditing thats tracks REAL, accountable shares through the lifecycle of a trade? The credibility of the US financial markets is questionable as long as there are market makers (who are also predatory hedge funds with decades of manipulation fines) are able to fulfill broker trades without locating and delivering shares. Using a combination of PFOF purchasing, HFT algorithms and their very own offexchange darkpool to front run and manipulate stock price discovery does not appear to be an ethical practice and instead a Market Monopoly.