The new reporting has some very good aspects. The problem is that they will be enforced by fines in the tens of thousands of dollars, when breaking them will result in millions of dollars in profits. The penalties need to be strong enough to stop the actions, and should include loss of privileges as market maker, or broker.
Michael Walker Comment On Regulatory Notice 21-19
The new reporting has some very good aspects. The problem is that they will be enforced by fines in the tens of thousands of dollars, when breaking them will result in millions of dollars in profits. The penalties need to be strong enough to stop the actions, and should include loss of privileges as market maker, or broker.