SEC Commissioner Now Says Securities Lending Facilitates Illegal Trading

SEC Commissioner Jaime Lizarraga said on Friday that securities lending facilitates illegal trading. Market news and updates today.

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I don't think the rules are perfect, but it is a start. I am happy to see some progress in this area.

Anything that can be done to ensure compliance with the rules seems like a great thing to me. If that causes stress on the markets, then the markets were not fair to begin with.