Nov. 11, 2022
November 11, 2022 As a retail investor, I support this proposal. It begins to fix a few problems that have long been prevalent in our markets. In particular, if funds hold a significant number of tickers that do not typically settle quickly, investors should absolutely know about it. In general, the reporting requirements for failures-to-deliver (FTDs) need to be much more granular and transparent. In addition to this rule, I would love to see more work done to improve the current system for FTDs in all aspects of our market.