February 19, 2022
Why are market makers and hedge funds allowed to use borrowed shares to close FTDs.? This goes against the integrety of the market. This acton is fleecing the retail investor daily and is undermining any confidence we have of the market and any regulatory body. This must stop, and a way to stop it is with fines that overshadow any potential profit. We are finding more info that finra or the sec are fining institutions/marketmakers fractions of pennies on the dollar. If it cost you a dollar (in fines) to make a million, would you do it? Why is that? The fine should be double the amount of the gains in question. Literally nothing has changed since 2008. We are watching and we are voting for change.