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The most important thing for a healthy market is TRANSPARENCY. It is absolutely essential that there be full visibility of what trades + positions are being undertaken, that they be entered accurately and immediately, and that "mistakes" result in fines that are 10x any possible gain plus *criminal* penalties. There is simply no reason why these records should not be available with seconds of them being made. Retail investors don't trust wall street, and the lack of transparency is the reason why.