Sep. 13, 2023
Any custodian of assets should be required to keep them in a safe manner and to not rehypothecate them just to make the custodian even more money, especially without the client's knowledge. These rehypothecated assets could even be used against the client's position. There should be proper risk management in place to protect these assets with company systems, not just leaning on SDIC or gov bailouts. Enough taking advantage of retail investors.