Apr. 20, 2022
In addition to my previous comment, this doesn't not leave much confidence in the SEC as a regulatory body. Below are just a few select words/terms from the SR-NSCC-2022-003 filing and the amount of times they've been used: 'sponsoring member' (563x) 'sponsored member' (456x) 'default' (176x) 'risk' (115x) 'institutional' (59x) 'securities lending' (16x) 'liquidity risk' (13x) 'credit risk' (12x) 'systemic risk' (5x) 'squeeze' (1x) 'transparent/transparency' (No matches found) 'retail' (No matches found) 'fair' (No matches found) Regards, Valentin Elsaesser