Aug. 12, 2023
Hello SEC, I do not support this proposal. Derivatives holders should have zero rights to vote. Derivative holders are just gambling on the stock price of companies, they are not long stockholders and are therefore not owners of the company. Financial rules in the US are absurd. It's absurd that the SEC allows naked shorting and rampant FTDs. Make FTD punishable by losing their trading licence. Same day settlement should be a thing. It is easily doable now that trades are electronic, we no longer live in the 1800s.