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Jeff J Comment On Regulatory Notice 21-19

Jeff J
N/A

Increased visibility into market activity. Retail investors cannot be kept at a disadvantage to institutional investors. It's not a fair market if we aren't playing the same game, with the same tools and the same information. Dark pool trading needs to be limited to specific use-cases if not removed entirely. No high-frequency trading. Short positions should be disclosed and those positions need to be closed out in a timely manner, no kicking the can down the road indefinitely. Payment for order flow creates conflict of interest and is prone to mis-use of the market data available to the market maker when they have so many orders funneled through them and can act on that knowledge before the orders hit the market. We need increased derivative regulation as shorting is being done through derivatives. No more hiding through derivatives. Existing regulation needs to be enforced more strictly. Fail to deliver a stock is being tolerated far too kindly. Close the loop-holes and ensure the market is operating as it is intended. Fines for repeat offenses are far too small and are clearly inadequate if the goal is to deter further bad behavior. No self-regulating, self-reporting.