Mar. 15, 2023
March 15, 2023 While I DO support this rule as it was originally written, I DO NOT support the added exceptions to this rule. Providing exceptions for risk-mitigating hedging activities, bona fide market making, certain liquidity commitments just sounds like another way that giant financial institutions will be able to bend the market to their needs exclusively at the cost of regular household investors. While I am sure that the intention is not for this purpose, exceptions tend to be mechanisms that provide loopholes for illegal activities to come from less than honest institutions.