Apr. 20, 2022
I am not in favor of these proposed changes. I believe creating liquidity for the sake of creating liquidity hides true price discovery and this proposal seems to just create another vehicle to help hide the systemic problem of failures to deliver and alleviate brokers of their obligations. If anything stricker enforcement and no longer allowing for failure to deliver of stocks is needed and this rule seems to be headed in the wrong direction. Markets need more transparency and less of these convoluted back room deals. - a concerned retail investor, Andrew Rohrbaugh