July 19, 2023
It is with my strongest expression that this rule is not just wanted, but is long over due. The rule would greatly benefit individual investors, through improved transparency. The rule is truly a no-brainer for free, fair, and transparent markets. The elimination of exploitative financial instruments will greatly improve economic health in the long term. The very idea that such valuable information in the form of positions and liquidity can be withheld from investors is reprehensible. It sincerely makes the financial ecosystem of the United States Of America look like a huge scam, an embarrasment. The current state of the market appears more so to be designed to siphon money from individual investors or anyone not in the club. If that is the goal then the sec should be dissolved in its entirety, please ask yourself who you are really protecting. I appreciate the oppurtunity to express my concern as I know many other investors share a similar sentiment.