The bottom line is that this is about most Orwellian maneuver the administration has proposed in the aftermath of the subprime crash. It allows the government to track every move, monitor and analyze every traders position of reasonable size and decide who lives and who dies. 10mil a day for a...
This has huge ramifications for these reasons:
1. This would allow the government to know exactly at all times how much money is required to control the markets. This was probably why the PPT failed to contain the 08 selloff. This is the biggest step to permanent manipulation by the US...