Aug. 16, 2022
August 16, 2022
Proper oversight and enforcement of loans is of paramount importance. The recent years have exposed a tremendous amount of inappropriate and abusive investment practices. The rules set forth in this proposal would provide the much needed oversight of some of these abused systems.
Specifically, the 15 minute reporting requirement and transaction-by-transaction reporting would significantly impair the ability of ill intentioned parties to abuse our markets. This would provide fair transparency and introduce obstacles to cellar boxing strategies.
Additionally, empowering individual investors with transparent markets increases their ability to become a crowd sourced market watchdog of sorts. This has become a proven and important function of individual investors in recent years.