It seems that sanction on companies found breaking the rules are not stringent enough and they continue doing it by paying fines from money stolen from scared retail investors. It doesn’t seem fair to me that market makers should have the ability to trade when they have the keys to the algorithms used by super computers allowing themselves to stack the deck and manipulate outcomes in their favor. We need an unbiased handler of orders in order to keep transparency and faith of rightful doing for retail investors.
Todd Belgum Comment On Regulatory Notice 21-19
It seems that sanction on companies found breaking the rules are not stringent enough and they continue doing it by paying fines from money stolen from scared retail investors. It doesn’t seem fair to me that market makers should have the ability to trade when they have the keys to the algorithms used by super computers allowing themselves to stack the deck and manipulate outcomes in their favor. We need an unbiased handler of orders in order to keep transparency and faith of rightful doing for retail investors.