Apr. 09, 2021
I feel it necessary to be properly positioned in case of a default from major players. These people abuse the system and rely on insurance to fall back on. When they get fined for shady activity its just a tiny slap on the fingers for them while millions of share holders take one in the teeth. It’s just a part of business for them. If I take a loss its out of my pocket. I do not have access to billions in sec insurance to cover my losses. I also don’t feel its up to the sec to bail out hedge funds with insurance. They should be forced to stay within the confines of their Margins and report them on a daily basis. I am in favor of passing SR-NSCC-2021-801