Apr. 17, 2023
To who may read this, Any exchange that enables the transactions of monetary values assets should by definition already fall under SEC regulation. Any exchange claiming they are not bound by financial regulation should have it's license revoked and/or banned from doing any transactions in the financial system, for example: black listed corperations/nations that have a ban on any financial transactions and/or affiliates that could end up on the blacklist them selfs. All transactions must be transparant and regulated, as has been shown with the fake tokenization of securities, derivatives, swaps and god knows what to infinite extend, as these parties can create more fake tokens as when they wish, they all need to fall under direct supervision no matter what these self proclaimed "non-exchanges" say, they handle monetary transactions and deal in either real or tokenized securities. Do what ever it takes to transform the financial system into a fair and transparant market by brining all the shady business practices to light through enforced reporting. On that note, history has shown that "self-regulatory organization" are a crime machine, penalties are peanuts compared to their profits to become "cost of business". Enact the nationalization of all SRO's to fall under their goverment appointed regulatory overseers and stop this blatant criminal abusive behavior in the financial system for once and for all. Best Regards, Nimrod Fogel