I feel like the integrity of the stock market is being lost on a generation because of these constant market collapses and violations with zero accountability. It looks like obvious market manipulation if a company is allowed control how trades flow. They are able to reset timers on FTDs and trade +50% of the volume in a market I have zero visibility into. 1. FTDs need to be enforced without any kind of delay. 2. We need visibility into dark pools. 3. Darkpools should not account for 50% of trading within a day. 4. Synthetic shares should not be a thing. 5. Fines should not be viewed as a cost of business, but instead should be prohibitive. A truly free market should allow for greedy Banks and Hedge Funds to fail.
Jason Acevedo Comment On Regulatory Notice 21-19
I feel like the integrity of the stock market is being lost on a generation because of these constant market collapses and violations with zero accountability. It looks like obvious market manipulation if a company is allowed control how trades flow. They are able to reset timers on FTDs and trade +50% of the volume in a market I have zero visibility into. 1. FTDs need to be enforced without any kind of delay. 2. We need visibility into dark pools. 3. Darkpools should not account for 50% of trading within a day. 4. Synthetic shares should not be a thing. 5. Fines should not be viewed as a cost of business, but instead should be prohibitive. A truly free market should allow for greedy Banks and Hedge Funds to fail.