Hi FINRA, Please take care of the dark pool and short sale activity that's recently murdering the integrity of the U.S market. Some "meme" stocks might not have any fundamentals behind them, but the level of [REDACTED] going on with the hedgefunds controlling time & space is unbelievable. In June and July, dark pool trading has accounted for 60/70% of the trading volume, which is insane. Dark pools should be eliminated and route all orders equally through the lit exchanges, such as NASDAQ and NYSE. Short selling needs to be fundamentally changed or else it has no place in the market. The whole concept has been used to bankrupt many companies before and it needs to stop. Thank you for your time.
Faddy Hadad Comment On Regulatory Notice 21-19
Hi FINRA, Please take care of the dark pool and short sale activity that's recently murdering the integrity of the U.S market. Some "meme" stocks might not have any fundamentals behind them, but the level of [REDACTED] going on with the hedgefunds controlling time & space is unbelievable. In June and July, dark pool trading has accounted for 60/70% of the trading volume, which is insane. Dark pools should be eliminated and route all orders equally through the lit exchanges, such as NASDAQ and NYSE. Short selling needs to be fundamentally changed or else it has no place in the market. The whole concept has been used to bankrupt many companies before and it needs to stop. Thank you for your time.