February 7, 2022
This proposed rule is both much needed and long overdue. There is too much manipulation going on in the US markets and it does not feel like a safe and fair place to invest in anymore.
Upon witnessing some serious manipulation in the past year, I have removed a great deal of my capital from the US stock market in the past year.
As it currently stands, I don't have any trust in the system's ability to control the outrageous greed and game rigging performed on a daily basis by the big institutional players. Fines are laughable and in no way discourage this kind of improper behavior.
Until all the loopholes that are being used to rig the game are closed, and there are actual real world consequences (aka jail time and fines that exceed multiple times the profits made by bad actors), as a retail investor I do not feel safe investing in the US markets.