February 12, 2022
It is a horrible rule that opens up a lending facility within the DTCC to reset the failure to deliver's daily. The DTCC is upset that they have been getting the raw end of the deal as it is far cheaper for SHF to fail to deliver instead of using a locate. This rule would further entrench FTD's and naked shorting into our system when these criminal activities need to be kicked the fuck out.
Basically circling the wagons around the casino ..