April 20, 2022
Hi, I am not in favor of this rule.
As a retail investor and advocate of a free and transparent market this seems like another attempt to protect institutions' predatory practices.
This appears to be the third time the SEC has proposed such a rule- one that protects institutions from their bad investment decisions at the cost of retail and taxpayer money. Allowing IOUs for IOUs is not a rule I can support.
Thank you for your time.