April 20, 2022
This rule is corrupt and should not be passed.
Adding complexity to a convulted system is a red flag. The only people who benefit have unlimited resources to exploit this to settle their billions of FTDs this market has allowed.
If this passes this is the nail in the coffin. Free market is now dead. Supply and demand would forever be skewed. Worst part is there would be no going back day one would expose the markets to so much corruption. I would leave this market forever and spend my days convincing people to take control of their fincial future by not investing in US markets.
Seriously this is some absolute rubbish. I'm ashamed for humanity when rules like this creep up.
Passing this rule is a death sentence to the market and is only there to provide one last bailout to those who have made obscene bets on the American future.