Aug. 3, 2023
Health checks provide both a clear indication of current market condition and provide enforcement an ability to pragmatically mitigate risk of manipulation/ discover & address current bad actors. Absent transparency, there can be no guarantee of current health and risk can be obfuscated by difficult to track financial instruments. Today an untrustworthy market exists and the tools that are necessary to demonstrate health and gain trust cannot possibly exist without an accurate assessment of condition. If the SEC does nothing to improve transparency, health and trust cannot possibly follow and bad actors will remain in charge.