April 9, 2021
I fully believe that the proposed SR-NSCC-2021-801 is entirely necessary to be approved for a fair market. Retail traders would never be allowed to over extend ourselves to any degree and get slapped on the wrist with fines that boil down to a cost of doing business. Well I say the cost of doing business should not be the pockets of hard working Americans and even internal investors. Institutions are run by actual adults that should be held responsible like actual adults instead of being allowed to pillage the economy for another boat. The institutions supposedly can cover their rehypothicated options so its a win win. The government gets piece of mind in knowing it helped protect all investors, not just institutions.
Thank you for your time.
-M