Because as simple as you can make--to inspire confidence, you would to make the market as simple as you possibly can and as transparent as you possibly can.
Now, we looked at your Form 606 quarterly order routing disclosures for the quarter covered in the Battalio paper.
Some argue that 30 cents on an order is a tiny, minuscule amount, you have given a very strong answer or response to that.
I believe, Mr. Katsuyama, that you indicated that the maker-taker system creates a conflict of interest.
And that would hurt regular investors while others may benefit the market?
Would you let us know for the record if that, in fact, is the case?
At least that step ought to be taken.
When you say 'agency,' what do you mean?
Trust is really about saying: 'Without me paying attention, I believe that the right things are happening in my best interests.'
I find that to be, frankly, a pretty incredible coincidence.
I am highly concerned about government interference in the marketplace.