February 7, 2022
I'm writing because I'm incredibly concerned about the lack of transparency in our market. Large players seem to have hijacked our system using synthetic shares, naked shorting, dark pool trading, deep OTM married puts and probably a variety of other tools. They're gunning us down out here, and their ammunition is the shares we as Americans supposedly own. Stop the naked shorting, stop the rehypothecation, and stop these parasites from syphoning the value out of the American economy away from the people creating it.
As an investor I am in favor of this rule, my only doubts are on the SEC's ability and interest in enforcing it. Start putting violators in jail instead of fining them a tiny percentage of profits.