Matthew Yeatter Comment On Regulatory Notice 21-19
Request more transparency. Retail investors should have visibility on all exchanges and they should be immediate. Current technology makes this possible. T+2 system is a relic of an antiquated system. The current system architecture puts all the advantage to large firms that have access to information that is either restricted or delayed to the retail investor. This obviously creates an un-level playing field. The SEC needs to take aggressive action on “naked shorting” and other illegal stock market manipulations. Current actions are extremely slow (ie take years to investigate and try).