Aug. 13, 2023
The proposed rule seems to be in favor of home investors and the increased transparency will level the playing field. As of now the hedge funds and money managers have unfair advantage of being the market makers and running securities business. The reporting requirements are a must, and the businesses that makes revenues in billions of dollars can't afford to provide these reports in timely fashion, probably they shouldn't be in business. Being able to see both sides of the trades, unlimited FTDs, dark pool executions should stop, and the ability to short a security into oblivion must be punished. I appreciate the SEC for this proposal and as a law abiding, tax-paying citizen I fully support these requirements. SEC should make these requirements mandatory, and any non-compliance should be penalized to the maximum extent of law without any excuse.