These changes cannot be made soon enough! We need all the SI data we can get - consolidated data that’s publicly available AND (not alternatively,) more granulated data should be provided to regulatory agencies. FTD’s should be publicly reported, and actors should be punished when FTD’s occur. This should include criminal prosecution where FTD’s are due to chronic malpractice and/or price manipulation. Fines pale in comparison to the amount of profits they make by manipulating the prices of securities through naked shorts, and FTD’s. Therefore legal prosecution is the only deterrent that will actually be effective.
Tara Patterson Comment On Regulatory Notice 21-19
These changes cannot be made soon enough! We need all the SI data we can get - consolidated data that’s publicly available AND (not alternatively,) more granulated data should be provided to regulatory agencies. FTD’s should be publicly reported, and actors should be punished when FTD’s occur. This should include criminal prosecution where FTD’s are due to chronic malpractice and/or price manipulation. Fines pale in comparison to the amount of profits they make by manipulating the prices of securities through naked shorts, and FTD’s. Therefore legal prosecution is the only deterrent that will actually be effective.