April 20, 2022
I am AGAINST this rule proposal.
I fail to see how this new SFT clearing service would benefit the retail investor in any meaningful way. It only serves to further obfuscate market mechanics for average investors.
Adding another layer of complexity to allow bad faith market participants to hide from proper enforcement is a bad idea.
The SEC has enough problems enforcing rules and regulations in regards to current market abuse, let's not make it easier for more abuse to take place.