Apr. 09, 2021
I vote for and support this rule. I learned to Columbia University during my masters degree program that markets are efficient and rational. This no longer is an accurate statement when you look at the current environment in which hedge funds and market makers Inappropriately and unfairly dictate price movement. Some of the “tools” at their disposal, do not provide for a fair or level playing field in the marketplace - and It is unfairly destructive to corporations when they deploy these tools and tactics. A step in the right direction is oversight, regulation, and hopefully one day we will see A market environment in which there isn’t such a great divide between funds and individual investors - who will never have access to The technologies, privileges and relationships that give them the availability to unfairly extract wealth from hard-working people. -James Mangini