July 24, 2023
Thank you for taking the time to read this. We need market transparency. We need real punishment to those who are not acting in the best interest of the markets.
By obfuscating how trades are done large institutional investors are taking advantage of the lack of enforcement and stalling large sums of capital from the markets applying stress to the evening at large.
We need more transparency. We need mandatory buy ins. We need better settlement standards. We need to remove participants who fail to deliver. We need greater punishment for bad actors who fail to deliver multiple times in The form of fines greater than profit, account suspensions and even accounts closed and licenses revoked for multiple offenses.
Without greater transparency and greater punishments to bad actors, we will continue to see FTDs thrive and more stress applied to the foundations of the capital markets.