Replies to post #12094 on Top Ships Inc (TOPS)

[keekee]

PER THE SEC:
"The Exchange Act contemplates that the U.S. securities
markets shall be "free and open"-[28]- with safeguards "to
protect investors and the public interest."-[29]- Vigorous
price competition is a hallmark of a free and open market and is
critically important to the efficient functioning and regulation
of a dispersed dealer market. Because Nasdaq market makers trade
securities which are otherwise fungible, price should be a
principal means of competition in the Nasdaq market. Any
significant hindrance to price competition impedes the free and
open market prescribed by the Exchange Act. The investigation
found that certain activities of Nasdaq market makers have both
directly and indirectly impeded price competition in the Nasdaq
market."

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?????