Oct. 30, 2022
October 30, 2022 I explicitly support transaction-by-transaction reporting. Self-explanatory, really. In the confidence arts I believe this is referred to as wiggle room what market makers are able to get away with by obfuscating details of transactions in bulk or aggregate trades. When's the boot gonna drop is my question. If retail investors can't do it, why do the guys with millions more in expendable resources get to? Convenience for lawmakers? Nonsense. You wanna curtail loophole exploitation then you gotta mandate 15-minute reporting requirements for all investors, institutional or otherwise. How else are we supposed to enjoy a free and fair market? If you're the same regulatory body that threw the book at \"Pharma Bro\" Martin Shkreli then you can throw the book at institutional investors, too. One guy is not as much as a threat as the very real possibility of a bunch of suits pulling the wool over retail investors' eyes. Throw the book and if they've got nothing to hide, they won't flinch, r ight? We can't sustain a market that prevails on a \"rules-for-thee-but-not-for-me\" ethos. We just can't. And if you really have the common folks not just in the States but worldwide who wake up every day with the confidence and pride to invest in America at heart, then you have to at least try to improve the rules of engagement, not in their favour, just not in a way that permits loophole exploitation but institutional investors who use every tool at their disposal to take advantage of a market that can't be tapped by even a mass of like-minded civilian shareholders. I'm talking shorts, dark pools, lack of enforcement, and slap-on-the-wrist fines, the whole megillah. None of these serve the real people who make the world turn. And it is the people. Not a handful of gold turd-passers. You want us to believe in the market then believe in us, make it fair.