Feb. 7, 2024
This rule will give way to much leniency to over leveraged actors. This will contribute to the eroding fail safes that the Dod Frank act maintains. This rule will lead to a bigger more inevitable stock crash as this will just free up more liquidity for actors to be irresponsible with. This in no way protects individual retail investors from the large bad actors. Infact this is the exact opposite of what other countries are doing right now to protect the market from over leveraged bad actors. Can you imagine being behind China in market transparency and market safety? Absolutely unconscionable. Sincerely, Patrick.