Subject: File No. S7-29-22; Release No. 34-96493· Disclosure of Order Execution Information
From: Ashley King
Affiliation:

Mar. 30, 2023

Until you've got a real settlement discipline regime, those failing to deliver, FTD's are just scamming the market. Off exchange data, tick size, dark pool transparency and all that other stuff is worthless if the shares aren't actually getting delivered. 


1) Real Penaltie$ for FTDs [no more waiving margin requirements!],
2) Mandatory Buy-In,
3) Reverse Trade if Buy-In Fails,
4) Suspend & Close Accounts of Brokers Who FTD.


Ashley King