Benjamin Roberts Comment On Regulatory Notice 21-19
Something I haven't seen mentioned much lately is the use of dark pools to hide and manipulate trades. It has become far more of a common practice for short sellers to utilize dark pool exchanges to manipulate securities. To add to my early comment about transparency, dark pools need to go away. I can't believe that this practice is actually considered legal in what is supposed to be a free and fair market. Even the one function that dark pools are supposed to actually facilitate is absolutely garbage in a free market. If you have a million shares of something you want to drop, you should have to do it through the exchange like EVERYONE else. If you don't want to see the price dip, maybe don't flood the supply all at once. Why is this allowed?!