Apr. 21, 2022
I object to this new rule as it will lead to a darker, less transparent market with real price discovery obfuscated. This rule would only server to benefit market makers and eliminate the risk they take on thus destroying a true free market. If institutions are not allowed to fail the retail investor and the average citizen will pay the costs of their failures, again. Similar rules have been proposed twice now and I have objected on them as well. The retail buyer is paying attention and will not be taken advantage of by predatory financial institutions. Brian Hargett