Feb. 12, 2023
I am against this proposal as I do not believe it allows the proper function of the free market but instead seeks to exclude data (more than 10 years aka the 2008 crash) and cherry picking the data that they will use to determine fixed collateral haircuts values instead of using using the Value-at-risk historical method. Retail investors do not get to cherry pick the data and rewrite the rules to minimise the margin call potential and requirements for their corrupt institutional friends NEITHER SHOULD YOU. Introducing deliberate weaknesses into the risk management system is a disgrace and redacting significant parts of the proposals from public view and comment is just obviously corrupt. This proposal should be rejected on that basis alone. Pathetic display, do better. William Lloyd, Retail investor.