Aug. 20, 2023
Intransparent markets in need of reforms! the US-financial markets are a joke, rule enforcement is basically nonexistent, most of the problems are there by design. market makers and banks abuse the markets, while regulatory capture ensures there is no change or danger of serious repercussions. if breaking the rules does not lead to prison or exclusion from the markets, thats corruption. small fines are a cost of business, just dont tell anyone so the racket can go on.. if you want new generations to participate with theie money, then the markets NEED to be a lot more transparent. luckily we now are more educated on the plumbing than most geberations before... Swap reporting is crucial, too much has been swept under the rug all these decades!! if there is no change, yall going to be replaced by public blockchains that dont allow any of the shady stuff, its your choice really. cheers, a concerned investor happy to see reforms being made!