April 20, 2022
-This rule is directly harmful to all retail investors in many ways. To start, it seems retail will never see any benefits from this rule as retail is immediately punished for any FTDs in the market by their brokerages. There is already almost no accountability and several complex financial methods (SEC please stop making me read about derivatives and marrying positions in my free time, I got a freakin job to attend to) that allow large market participants to push out their FTDs or not report on them and get hit with small fines.
In fact, I would like to see the opposite and see more pressure for large market participants to satisfy any FTD in a swift and concise manner to match retails playing field.
I understand you guys are busy and can only do so much, but the american dream is in your guys hands. We, the retail investors, need you guys to start proposing rules that ban dark pools, predatory short selling, and/or find ways to give retail the same tools that financial institutions have at their disposal. Start doing videos or informative posts about these complex market mechanics made to make sure that I cant understand what Im investing my lifes work into.
Thank you for reading, have a great week.