Jay Sayer Comment On Regulatory Notice 21-19
It is commonly understood that for every transaction the terms of the exchange is known by both parties and executed faithfully to produce what we consider the stock market. Technology now allows for near instant transactions for market participants, therefore the due diligence of reporting that transaction to regulatory authorities should occur simultaneously with the transaction itself. This will promote accuracy and efficiency of reporting and compliance. T-0 transactions with instant updates for all market participants.