Sep. 14, 2023
To whom it may concern, I am submitting this comment in good faith that the SEC will not allow the extension to happen on this proposition. This act was meant to go into affect back in 2016, and if the extension is being filed under the guise of “not enough time“, how much time would be allowed before anyone in FINRA is able TO ACTUALLY FOLLOW POLICY? WE ARE NOW GOING ON SEVEN YEARS OF THIS ACT BEING EXTENDED, AND AT THIS POINT WITH HOW THE MARKETS ARE GOING THE REQUIREMENTS NEED TO BE PUT IN PLACE SO COMPANIES AND ANYONE INVOLVED WITH THEM CAN BE HELD ACCOUNTABLE. How can we possibly make the markets better if we continuously allow companies to extend new policies that are meant to help markets and retail who is investing their money? If we are meant as household investors to follow rules and we have to sure we can meet margin requirements for our accounts, there is no reason that these companies should have an issue with doing the same if their books are balanced. I strongly implore you to allow these requirements to take place in October as intended. There is absolutely no reason after seven years these companies cannot possibly put the same place.