February 7, 2022
Dear SEC
When I started investing my hard earned money on stock market, my good old friend gave me an advice, that was, not to invest in US market.
According to his research and experience, US market is one of the fraudulent and unregulated markets on the entire globe.
Him I would have lengthy conversation about this matter,when he backed up his theses, with materiel from DR.Susanne Trimbath, Lucy Komisar, Wes Christian, Patrick Byrne last but not least the law professor who drafted the RICO act, that toke down the organized Crime syndicates, George Robert Blakey. When i got through their publications, I knew i should keep my money to the European market.And US is not safe unless you are a big hedge fund.
What baffles me the most is, the proposed rule S7-32-10 is so obvious that is not already implemented years ago, and should stand tall like one of the pillar in SEC rules and regulations.
This explains why, when the financial fraudsters manipulators get caught, the punishment and the penalty just a slap on wrist or X million dollars fine, when instigating in financial crime had payed off XXX millions of dollars to the firm.
So in other words only place on planet Earth where crime pays off is, on Wall street.
It seems like SEC and other alphabet agencies hands are tied, on punishing Wall streets crime, no wonder when US politics sponsored and lobbied by the same people. I will believe it when the S7-32-10 in effect and working. Until then, thanks for your effort.
Best Regards
Siva
Denmark