Oct. 09, 2022
October 9, 2022
As I stated in my comment on S7-21-21, I, as a retail investor, believe that clarity in the markets is a natural defense to protect retail investors. Many firms have an overwhelming wealth of resources at their disposal. Transaction-by-transaction reporting, and the 15-minute reporting requirement help protect everyday people and retail investors. This can also help create a so-called sheriffs posse of retail investors, who help report information that the under-funded SEC may not be able to find.
Please pass S7-18-21. This rule can help create clarity and protect vulnerable retail investors.