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Comment for Public Information Collection 87 FR 64205

  • From: Nick Andress
    Organization(s):
    Multiple

    Comment No: 70960
    Date: 12/14/2022

    Comment Text:

    This is embarrassing for your entire organization that this is even a topic. Abysmal job doing your job, the largest players in the financial industry are well known to not only US citizens but across the world as the most corrupt financial institutions on the planet. You think we the people don’t see what is going on? You’re a regulating body that appears to not only be avoiding doing your jobs because you’re all paid under the table by these firms but actively working against the investing public by not forcing billions of dollars to be reported on and doing nothing to make the markets transparent. There’s more derivatives than money in the system. In fact, I’m absolutely positive you can find the funding to take measures to increase transparency and stop the countless unethical, illegal, and immoral practices that we see from major financial firms every day. I mean it takes one look from the average person at Citadel and it’s group of financial terrorist companies for you to know what’s going on behind the scenes. The audacity for you guys to act like you aren’t complicit and part of the problem at this point is disturbing. Every rule you make to “protect” retail ends up having a loophole that enables someone like Citadel to cheat, Citadel is doing exactly what FTX did but on the US stock market. They control the price and you guys allow it. 80 trillion off the books? The CFTC and SEC need to get this right, or you’re about to see lost faith by the investing public in your ability to regulate and uphold a fair and transparent market. (Yes, we know regulating bodies have been in cahoots with financial criminals for quite a while, they might sign your paychecks at this point.) It’s bigger than your personal financial situation, please do your job so the average person isn’t getting robbed in the market every single day.

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