Okay, maybe they have had a couple of meetings with HFT firms and lobbyists and exchange officials and whoever else is raking in millions but from where I sit nothing is getting done.
Let me break it down for you in a simple manner. When another investor gets to go inside the market and take a look at my order and front-run it to the detriment of our clients that is wrong.
I think the SEC calls it "providing liquidity". I call it theft.
CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.
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