Subject: File No. S7-05-22
From: Ayman Hawari

February 19, 2022

T+0 why the heck is even T+2 or t+1 a thing when T0 and Overstock.com has been a thing for YEARS and was shorted as well and we have blockhain. T+2 becomes T+69420 infinity if a FTD is created with each FTR this just means that a failure to receive not being settled allows for FTD's to stay open even past the \"Settlement\" date. FTR AND FTD are not married so this is an actual loophole. T+0 no loopholes otherwise settlement will never happen.

https://www.reddit.com/r/Superstonk/comments/ptuxk6/the_gaping_t_loophole_that_allows_for_ftds_to/

https://www.reddit.com/r/Superstonk/comments/se0hsh/failure_to_receive_vs_failure_to_deliver_loophole/