April 28, 2022
On the subject of this notice, I see striking similarities to older proposals which are trying to establish with Stock loans the same thing as was done with the Obligations Warehouse. Basically eradicating more of the structure originating from regular supply and demand which ultimate allows for more manipulation of equities.
This to my eye builds up to more and more dangerous behavior and especially judging the lack of oversight with TRS, which were already in the public eye and only later were found to be part of the problem with prime brokers and Bill Hwang.
The SEC should act BEFORE the damage can be done and once again strike down this Filing.