March 30, 2022
I'm currently investing in the USA's stock market. I'm an investor in Mexico
Regulations like the Rule 10c-1 are always welcome by retail
because I'm sure there might well be issues related to Securities Loans. Not to mention that the currently available data on loans -from private vendors- is expensive and incomplete because it's limited to some market participants, we don't happen to see the big picture.
This lack of accurate data and transparency leads to a poor performance in retails investments.I'm sure that approving this kind of rule will improve the price discovery
It's very important that this information is released at least in a daily manner, so all participants are informed about the current situation of the market.
When approved, I really hope that the SEC enforces this and the rest of the rules you're working on. Some punishment that comes to mind is barring participants from the industry, actually collecting the fines (I've read that most of the fines levied by that SEC aren't collected) and also making sure that these fines are a real deterrant, not some mild speeding ticket that bad participants would gladly pay as the cost of doing business.