Apr. 20, 2022
Hello, I am frankly furious and disheartened at this proposed rule change. I have been participating in the “fair” market for some time now, and it has become obvious that the rules were not created by or for retail but by hedge funds, banks, and Wall Street to fleece over retail by making things convoluted and complex and then changing the rules when things don’t go the elites ways. I’m beginning to believe the market might not be so fair after all. We are approaching a powder keg where hedge funds have shorted stocks and then double downed with naked shorting (an illegal punishable act) and it has become apparent they will FTD. Let them FTD and pay for their crimes against retail investors. The American people won’t take the fall like we did in 2008, it is time for the SEC to step up and do their job. Do not allow them a new convoluted way to kick the can down the road so they aren’t held accountable to their terrible actions. Sincerely, A pissed off retail investor