https://www.sec.gov/files/rules/other/2026/34 -105108.pdf
Dated March 30… the exact recent bottom before this relentless melt up.
Might be a nothingburger, might be a total ponzi scheme ending in an 08 level crash.
I appreciate input from people smarter than me.
Can we talk about this recent SEC rule?
byu/spilledonwhite ininvesting
Posted by spilledonwhite
2 Comments
Broken link but here’s the correct one https://www.sec.gov/files/rules/other/2026/34-105108.pdf
I agree. This is very concerning. It makes it so collateral for borrowing securities by broker-dealers ,which is normally treasuries or cash equivalents, can be S&P 500/Russell 1000 equities. So as those valuations go up, the pledged collateral goes up in value and broker-dealers can borrow more. This extends leverage and any crash will be harder.
Correct me if I’m wrong.
My opinion: Recent moves (for example, Nasdaq changing its rules to allow SpaceX to be listed quickly) feel like an attack on passive indexing using the existence of indexes themselves to offload overvalued bags on passive investors.
Yall on to something.
This is like the March 20 V. Unnatural.