Jan. 15, 2023
January 15, 2023 Dear SEC, All orders big or small should only be routed to the lit exchange, no exceptions. Internalization of orders needs to end. 95% of retail orders are executed off exchange into the dark market. This statement was made the chair of the SEC What is the point of having a stock market when 95% of retail trades aren't realized? It's a fake market. A Ponzi scheme. Any person or entity not upholding the concept of the free and transparent market is automatically undermining the very concept fair markets. We have blockchain technology that allows instant settlement. It's doable, get on it. T+1 settlement will only allow twice the amount crime in half the time. This is not a solution and is unacceptable. Anything but a lit market serves no purpose other than to rob investors of their investment. The whole business model is to prevent value from going to buyers. It's disgusting and wrong. End PFOF. End FTDs. Allow price discovery, investors deserve it.