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Johnathan Kim Comment On Regulatory Notice 21-19

What good is regulation if there is no enforcement? For far too long, market makers and institutions have been playing the game with their own rules whilst stealing money from the American public. How can this possibly be a free market with the lack of transparency and open manipulation that occurs in the stock market every day for the past several decades? There are a number of things that need to be fixed or addressed in order for retail investors to have any semblance of faith in the U.S. stock market again. 1.

Jeffrey Romero Comment On Regulatory Notice 21-19

Hello, as a person who’s new to investing with only 6-7months experience I have seen clearly that the market for small time investors is unfair based on everything I have educated myself during my time investing. What one of the biggest issues I’ve seen is rules broken time and time again by institutions who receive fines that mean absolutely nothing and are paid with ease while the retail investor get nothing that would result in loss of their hard earned money.

Anonymous-V Comment On Regulatory Notice 21-19

I would like to see more transparency in the type of trading that is occurring. Such as inflow of orders and outflow from any and all market makers, instead of hiding the true number of trades (buys and sells). It is public knowledge that market makers, leverage payment for order flow and this should be made public if not removed completely to level the playing field. The odds are stacked against the average person and this video shows exactly that - www.youtube.com/watch?v=W90V_DyPJTs

Christopher T Funakoshi Comment On Regulatory Notice 21-19

Hi Yvonne Huber, and Racquel Russell About myself I am a typical retail investor who has just began studying for the FINRA exams. Concerns/ Suggestions: 1. Please reduce the buy back period for Market Makers to T-0 this is the standard for other countries. 2. Please make the Fee for missing out on the T-0 5% of the FMV of the current price of the share multiplied by the number of FTDs and charge them this fee daily. Until SEC Rule 613 CAT becomes implemented, please create a Waterdown version of it and have a 3rd party auditor review it.

Tam Tran Comment On Regulatory Notice 21-19

These shorts are manipulating the market so badly especially MMAT!!!! The SEC needs to work harder. Retail investors are bleeding real badly. We can all see the obvious manipulation and naked shares. Please do something to help us retail investors. They rich hedge funds are getting richer and us poor retail investors are getting poorer. The graphs show no sell off yet the price drops from $10 to $5.25?! HOW?!