Aug. 16, 2022
August 16, 2022 - Citadel and High frequency traders do not represent me. I want markets that are simple, and are participated in by many individuals, not few institutions. - I Explicitly support transaction-by-transaction reporting because it eliminates the ability to \"hide within complex schemes\" - I Explicit support the 15-minute reporting requirement. This will encourage more thoughtful trading and less HFT. The cost and effort are justified to prevent fraud and prevent hiding in loopholes. - As a trader, I will benefit from increased transparency. We have a much better idea of the risks of our decisions and transactions if we can see the trades in the public tape. Swaps and derivatives serve to obscure the market, not improve it. The SEC focus is on the trader who is using the security market for it first purpose, not for someone who is using it for obtuse derivative purposes.