April 27, 2022
This is a load of crap that I completely object to. First off your organization was supposed to control and regulate the securities market and you failed to do so. Now you want to basically allow these hedgefunds, broker dealers and institutions who are extremely over leveraged they ability to put up those same leveraged positions as collateral. So they can what continue to cover there margin. Or worse yet take out more highly risky plays on othe securities. In the hopes that they will be able to postpone there liquidity crisis and margin calls. And there eventual forced computer sell off to cover there debts. I say no not a chance if they want to play they must pay. They don't care about the rules when there winning and everything is good, their willing to bend and break rules and regulations if the pay of is enough now you want to cover there buts with this. What do you think would happen to all the major banks if all of us with. Credit cards said screw it were not going to pay for the next 9-18 months. Do not pass this let these criminal conspirators pay the price for there own choices