October 15, 2021
This is hard for the average retail investor to understand. It sounds like you will halt trading to retail investors, but allow hedgefunds to trade on the dark market. Is this true? As a retail investor I vehemently oppose this filing. Having seen trading suspended by different brokerages in recent memory, an act that severely harmed my own financial interests, and with little to no action by SEC on my behalf or on the behalf of retail investors, there is no faith that these powers will be used as stated in the filing.
Instead, there is a perception that these powers may be used arbitrarily, or in the favour of institutions caught in a bad play