PER THE SEC: <br /> "The Exchange Act contemplates that the U.S. securities <br /> markets shall be "free and open"-- with safeguards "to <br /> protect investors and the public interest."-- Vigorous <br /> price competition is a hallmark of a free and open market and is <br /> critically important to the efficient functioning and regulation <br /> of a dispersed dealer market. Because Nasdaq market makers trade <br /> securities which are otherwise fungible, price should be a <br /> principal means of competition in the Nasdaq market. Any <br /> significant hindrance to price competition impedes the free and <br /> open market prescribed by the Exchange Act. The investigation <br /> found that certain activities of Nasdaq market makers have both <br /> directly and indirectly impeded price competition in the Nasdaq <br /> market." <br /> <br /> BUT WHAT HAPPENS WHEN NASQ, BATS.ARCA, EDGX, PHLX, Citadel, PUMA, GTS Securities, etc form a racket to trade against particular investors that post on social media??? That is the big question before the SEC. No doubt these actions were not permitted by the management of these institutions. BUT, shouldn't someone police the foot soldier specialists engaging in these criminal acts?????