Mar. 19, 2023
Wall Street bigwigs hate public auctions, transparency, and any other semblance of free & fair competition because they might lose. They want the risk-free system they currently enjoy. The proposed rule, WITHOUT EXCEPTIONS for any profiteering middlemen, would remove their unfair advantages and I’m all for that. In addition I would like the SEC to impose higher fines and penalties for violating trading regulations, so they become an actual deterrent to financial crime rather than as the “cost of doing business” that currently exists. I support implementation of this rule WITHOUT EXCEPTIONS. Eileen Loh New Orleans, La