Sep. 14, 2023
As an investor, I believe it is time to stop giving extensions for these changes to take place. It is abundantly clear that the reason anyone would ask for yet another extension to margin requirements taking effect is that they don't have the money to cover it. If the point of adequate margin requirements is to protect the system from additional risk, and if the market is currently showing multiple signs of existing risk to the stability of security prices, why would it make sense to allow ANY margin requirements needed for the protection of our markets to further delay implementation? As the protector of our markets and investments, it's the SEC's responsibility to ensure that these (and any) margin requirements are enacted and executed in good faith.