Aug. 16, 2022
August 16, 2022 You numb-nuts at the SEC are supposed to provide a service for the American people, not spineless cockroach hedge funds. Keep the 15 minute reporting requirement. Hedge funds are self regulated, they do not deserve more time to report things. The 15 minute reporting requirement prevents fraud. Make sure transaction-to-transaction reporting sticks around, too. Aggregates are not transparent. There is way too little transparency in the US securities markets. More transparency is not a bad thing for retail investors. This is one of the reasons that victimized companies have such a hard time fighting predators in the market. Victimized companies need a greater ability to defend themselves and many CEOs have gone out of their way to say that the SEC is worthless when it comes to that. Retail investors need way more transparency. That's the key word. We don't have anyone to trust. Short-selling in the dark will never equate to a free market. There will never be true price-discovery as lon g as dark pools are a thing.