Subject: S7-29-22: WebForm Comments from CARA TUNSTALL
From: CARA TUNSTALL
Affiliation: IT ERP Administrator

Jan. 12, 2023


January 12, 2023

 Forcing wallstreet entities to disclose real data on retail trades is certainly in retail's best interest.
However, but until we address the issue of Fails to Deliver (FTDs) retail will never be able to truly participate in the market. Enforcing immediate execution of trade and delivery of security (call it T+0?) seems like a solution.
For what it's worth, if I were to sell something I didn't own, take someone's actual money, and never deliver the product, to the tune of, say, 60+ billion dollars, that would probably get me in serious trouble 'Rules for thee, but not for me'