Austin Dailey Comment On Regulatory Notice 21-19
Hi, Market manipulation from abuse of dark pools and naked short selling (AKA creating counterfeit shares) is destroying the integrity of the stock market. Why are these things continuing to be allowed after decades? Transparency and accuracy need to be enforced instead of small slaps on the wrist for violations. We cannot trust the listed price of a stock if we don't know if there are millions of naked short shares flooding the supply. And on top of that, market makers/hedge funds can send all buy orders through their dark pools and only send sell orders to lit exchanges.