Mar. 23, 2023
March 23, 2023
As specified in Section 27B, the proposed rule would provide exceptions for:
Risk-mitigating hedging activities
Bona fide market-making activities and
Liquidity commitments.
There is no point in implementing this rules if there is going to be privileges to certain participants in the market, especially in such delicate position as managing liquidity.
This is turning a blind eye to another economic disaster waiting to happen.Based on recent events SEC must take a step back and re-think this implementations before any approval.