Apr. 16, 2026
I'm frustrated with the SEC as a whole because as a Retail Investor, I don't feel protected even though that is supposed to be your main focus. The CAT system gave me hope that the audit trail would finally help you turn your blind eye to hard facts that couldn't be disputed. And, it did prove there is a problem with oversight, loose rules, loopholes, etc... So what did you do? You chopped it off at the base by only keeping 3 years of records so the patterns of abuse could no longer be tracked by the average investor. And, with you ignoring all the FOIA requests from MMTLP investors for years, deleting the old data seems contrived to assist bad actors rather than actually helping that community. It feels more like you are making it even harder to get them the data they requested and deserve. While I didn't invest in MMTLP, I feel for them that you seem to be, once again, helping Wall Street sweep crime under the rug which ALWAYS hurts Retail and anyone with a pension fund or retirement account. The fact is, if you actually fined the cheaters REAL money instead of just pennies in relation to their gains, you would have a LOT more than the $100 million you are boasting you just saved. It's just another example of the SEC ignoring the obvious problems which, to Retail, proves you are a big part of the problem. The SEC needs an overhaul or to be abolished since you are not living up to your mission statement.