April 20, 2022
I am completely opposed to the implementation of this rule and its mere existence outrages me. The complexity of rules that govern the market are not created by Retail, rather by Wall Street, big banks, and Hedge funds, and they use the complexity to their advantage. This rule is just another example of leveraging complexity to fleece over retail by keeping them ignorant.
This goes to show how the SEC is complicit in allowing billionaires to get richer at the expense of retail investors and pension funds.
Shame on you.