Feb. 4, 2024
I am a very concerned retail investor when it comes to this rule about margin requirements. It seems as if the “big players” need a way out when they made a bad bet (shorted) against a company. I’m sure you have received plenty of emails about naked short selling (which is illegal) that have been ignored but I’m sending this email and hoping it makes a move. You see congress is now involved in the MMTLP, bc nothing was done during the naked shorting of it and it’s going to expose an exponential amount of shares that should not exist. So for the sake of saving face, for being on retails side, I suggest you look into GameStops (GME) naked short selling. This could save and potentially make the SEC the superhero and savior of retail if you expose naked short selling of GME and make shorts close on the open market! Why not ban dark pools for 1 week, see what happens? Don’t let these Elite criminals get lesser margin requirements because they offer to pay you off, let retail win this as they rightfully should and they will forever commend the SEC and their actions they took to finally make this a fair and safe market for all investors. Please do right by the little guys, like myself. We need better market transparency Sent from my iPhone