Apr. 19, 2022
Hi I have just reviewed this rule filling. Using a SFT to side step FTD's is just another way to screw retail investors and give bigger parties (banks, wall street, hedge funds etc) a bigger edge than they already have. If you sell a stock you must supply the stock and not use SFT to side step their obligations. Also the complexity of this rule seems over complex and I am sure it is written this way to confuse retail on what is really going on.