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Comment for Proposed Rule 75 FR 80747

  • From: John Teets
    Organization(s):

    Comment No: 34772
    Date: 2/18/2011

    Comment Text:

    Submitter Info:
    First Name: John
    Last Name: Teets
    Mailing Address: 949 East River St
    City: Gassaway
    Country: United States
    State or Province: WV

    I think an open tape that reflects all transactions is essential for an efficient market, in the classical sense.

    I say classical sense because "conservative" academics have appropriated the term to mean that anything any market does is efficient, unless of course, to some extent it is regulated to prevent and punish crooks.

    Republicans want to prevent market regulation to facilitate the activities of crooks.

    Republican "free market" economics has degenerated into markets by the crooks, of the crooks and for the crooks.

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