April 20, 2022
SFTs (Securities Financial Transaction) are yet another rule that serves only those established entities that have been abusing the already far too opaque rules that govern short selling. Instead of adding transparency and requiring accountability on lit exchanges, this proposal creates yet another complex market instrument that as a retail investor I will never be able to use, but those with infinitely more power and money than me can use against my interests.
Make Wall Street play fair. Stop adding more complex rules.