Apr. 09, 2021
I believe that Hedge Funds and Market Makers should be subject to the same transparency and capitol requirements as everyone else. Not having this checks and balances system in place could mean virtually unlimited leverage to do with as they want. Prioritizing safety and trust in the US markets is paramount to our future growth, especially when taking into account our market position on a global scale. No collection of positions should ever put the market at risk if properly overseen and the proper risk assessment. -Speculatively, I'm concerned that a group of people are either trying to or are making themselves "Too big to fail". They might see their position as the only one that matters rather than what the consequences might be for everyone else. The proposed SR-NSCC-2021-801 companion amendment to “DTC-003” is a necessary one. It holds the person(s) accountable for their positions and level of risk. Signed, Jason F.