April 22, 2022
This is horrible for retail. This would just give Banks, MMs, FO more loop holes to be able to steal from retail investors.
If you really want to prevent fire sale, market crash and retail getting screwed over then stop letting the Banks/MM/FO marking shorts long, naked shorting, manipulating the price of stocks with algorithm. When you make a bad bet and lose you need to pay. Why do you feel the rules should be different for the people with money over the 99%?
This rule should not be passed in any way. Maybe you should start enforcing the rules already on the books as well.
Just a thought