Scott Miller Comment On Regulatory Notice 21-19
Well, where should I start. I haven’t been trading long, approximately two years, but in that short time it’s become completely clear that every rule/restriction set in place benefits hedge funds and short traders. Dark pool is an absolute mind blowing joke. Shorts can just trade large order stocks back and forth, with no transparency, and drive the price downwards at any given time. That’s just the tip of the iceberg though. SSR is not enforced at all, and Hedge funds have basically no penalties for FTD’s.