Troy Comment On Regulatory Notice 21-19
The fact that hedge funds can manipulate a stock with short selling stocks that are not even available is a crime that needs to be punished. This is not a new senerio but one that has been overlooked for a long time. Now millions of retail investors have realized the fraud and are demanding action. If this is not rectified the retail investor will pull out of the stock market as it is not a level playing field. The fact that a stock can have significantly higher buying than selling but continue to drop due to short selling is horrible. The ability to short a stock on the dark web is also fraudulent. That is not what the dark web trading was intended for and is being abused. We want and demand action from our leaders and will continue to fight the fight for future generations.