April 22, 2022
Proposed rule change seems to give institutions the protection from their own bad investments. A luxury retail investors don't have. As a retail investor I make a bad bet I lose my money. And thats it.
Why would this luxury be afforded to institutions that make their own bad/good investments?
Makes no sense to offer more protection to the same institutions that make bad bets that have dire consequences to the US economy. Normal blue collar workers don't get multibillion bailouts from uncle Sam when we make bad bets/choices.