April 22, 2022
I strongly oppose this rule - it just allows the already over leveraged hedgefunds to borrow more and skate around what we all know is normal margin requirements - this is like a crypto flash loan - it's fake - the markets need real structure - a loan should have real terms for an extended period of time - not here show them u have this to keep em off your back til tomorrow - this kind of logic is why people are starting to move out of the US Stock Market and into crypto. Approving this doesn't end well for anyone.