February 7, 2022
Good day,
I am sending this in full support of the proposed S7-32-10, and believe the changes should be in effect immediately. Any delays for this rule only benefit those committing such fraud the proposed changes intend to prevent. We should strive for transparency, and over leveraged complex derivatives will end up causing 2008 part 2.
When you bet on a horse race, the bet doesnt affect the outcome unless a fix is in. Our derivatives markets have had the fix in for far too long, and are what actually drives price discovery in the markets, along with front running and PFOF. These cancers need to be removed, and this is a good start in that direction.
Sincerely,
Frustrated Retail Investor