Subject: S7-08-22: WebForm Comments from Brendan Oswald
From: Brendan Oswald
Affiliation: Nil

Oct. 27, 2022



October 27, 2022

 To Whom it May Concern

My name is Brendan Oswald and I reside in Australia. I am a small retail investor who holds private international US ecurities, and a retirement fund with US securities.
I believe it is essential to increase reporting requirements for short selling activities by any Market Maker, Hedge Fund, Bank or Family Office.
I should be able to know in real time, who has decided to short a stock, so I can make a better investment decision, and Company's can determine who is shorting them, and for what purpose.
I believe it is anti competitive for Company's stock to be shorted, as often Company's have to work very hard to secure funding for the advancement of their businesses and employees future, and the dilution of their stock value through shorting , reverses the potential for higher success.Competition should be Company v Company battle, not including the involvement of an opaque third party, colluding with other aligned interested parties, whose actions are not reported, or self reported.It should not be a room full of suites, gambling in coercion with other institutional funds via short selling, that determines a company's, or retail investors sucess or failure,so reporting of shorts should be mandatory and full, to reveal the whe playing field, no secrets, greater transparency.
I have seen my stock GME, shorted relentlessly for years now, on days where the ratio of shares bought and sold is 10:1, the stock price miraculously falls, because colluding parties are pumping sell orders to the lit exchange, and buy orders are diverted to off exchange markets, to invert reality, ie hide the truth.
I believe short selling should be banned, particularly when my hard earned money is placed at risk, from a risk I know nothing about, because of lax reporting of shorts,or none at all. Market Makers in particular have all these exemptions in place to allow them to trade ahead, spoof orders, FTD on loans, simply to make more money, funded by investors like me, who are not receiving a full picture of the arena.
Mandatory reporting of short sales, by anyone or any organisation that partakes in it, would be a huge step in achieving a fairer and more transparent market.

Sincerely

Brendan Oswald