Aug. 16, 2022
August 16, 2022
This rule, as written, provides the transparency and trust that the SEC is desperately seeking from retail traders.
Any modifications to the rule in negotiation with firms like Citadel and Fidelity, making the reporting requirements less transparent or delayed, would significantly erode retail's dwindling trust in the SEC's ability to provide a fair market. These investment firms, market makers, and hedge funds have abused their privileges, they've unfairly manipulated the market, and have repeatedly robbed retail investors of their earnings.
Passage of this rule, along with much stricter enforcement of other rules, is critical at this juncture.
Retail is demanding that the SEC prioritize providing a fair and free market to everyone.