Dec. 09, 2022
December 9, 2022 Dear Secretary Countryman, Thank for keeping the commenting period for certain rulemaking proposals open. This comment is regarding S7-08-22 'Short Position and Short Activity Reporting by Institutional Investment Managers'. I support the proposed rule and strongly suggest to disallow investment advisers and investment managers, such as hedge funds and/or market making institutions, to use tokenized securities to fulfill the requirements as stipulated by Reg SHO, among others, as proof of locate when naked shorting securities. The fact that a market maker and/or hedge fund can use tokenized stock that is trading on a third-rate centralized crypto exchange in some offshore island nation, contributes to significantly increasing risk in the U.S. financial market to an unprecedented and unseen amount. This absurd game of musical chairs that the U.S. securities market has become, must come to an end sooner rather than later. It is very high time that the bag holders be finally called out for not wearing bathing trunks. 'Only when the tide goes out do you discover who's been swimming naked,' a wise man once said. I believe it was Warren Icahn. Sincerely, Tara Rodriguez, a very concerned investor