April 20, 2022
Adjusting regulations to allow overzealous traders and institutions the ability to dodge consequences is action that will only further issues with Failure to Deliver. Either we have a free and open market or we do not. Turning a blind eye to these bahaviors simply weakens markets for all investors and allows fraud to be practiced in broad daylight. Do not enable bad actors to operate in a sleazy way at the expense of the entire financial system. This will assure retail investors and foreign operators that our markets are only serving a very slim minority instead of building a ladder towards financial independence and generational wealth for more people. We are long past a point in our society where these trades can be settled practically instantly, so why do certain players have the ability to ignore the rules and print money out of thin air?