Apr. 20, 2022
Hello, I would like to say that this new rule is going in the opposite direction of making the fair market a reality. Give retail investors a chance by removing the time delay to settle the financial obligations. Failure To Delivers (ftds) need to be settled. It should be a t + 0 immediate or t + 1 at most settlement time. Please remove this proposed rule of kicking the FTDs continuously down the road. Force settlement times closer as opposed to further out. Please don't allow this rule and don't allow rules in-line with this rules language in the future. Work for the individual investor, retail, not the large funds! Thanks Mark