BH, unfortunately FINRA only requires market maker
Post# of 96897
Posted On: 05/17/2016 5:13:07 PM
BH, unfortunately FINRA only requires market makers to report all the daily trades but they aren't required to report them as they happen. So, a market maker(s) can withhold certain trades during the day to fool investors into thinking a security is trading one way or the other when in fact it may be just the opposite. Then at the end of the day they typically report a T-Trade whichi is an average pps of the the total withheld trades. Essentially, it's legal theft by scumbags manipulating individual investors for their own gain. The SEC should be all over this white collar crime but sadly they're not.
Someone else may be able to add to this but that's pretty much what it is.
Atlas1
Someone else may be able to add to this but that's pretty much what it is.
Atlas1
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