April 20, 2022
The SFT reads like an insider's handbook on how to NOT be held accountable for Wall Street's blatant over-leveraging and lack of transparency. The American public (who are suppose to represented by their elected government and \"protected\" by the SEC) are still paying for the 2008 financial crisis. As the low-light of several key time periods in our country's history, 2008's lack of leadership and accountability for big banks, brokers, short-sellers and hedge funds exhibited during that time, still persist through today. Creating a SFT is akin to counterfeiting money. In order to regulate a fair and transparent capital market ALL players must be held to the same standard. Until this is accepted and ACTED upon the current generation will leave the markets, invest elsewhere and further weaken the American dollar both in value and impact.