April 20, 2022
SR-2022-801 and SR-2022-003 undermine the very theory of a free market.
While adding liquidity sounds good, it has for decades been used as a scapegoat for complex rules that work against retail price investors. Adding liquidity is actually a term to convolute and hide the real operations behind new rules while retail is quite literally robbed blind.
A market where FTDs are never required to settle is not a market at all but a casino out of control.
I firmly oppose these new rules, and anyone working at the NSCC should as well.