Aug. 16, 2022
August 16, 2022 I support transaction-by-transaction reporting because it eliminates the ability to \"hide within the aggregate\" transparency means transparency and aggregates are not transparent. I support the 15-minute reporting requirement. The cost and effort are justified to prevent fraud and prevent hiding in loopholes. Short selling in the dark pools harms actual competition and price discovery and the victimized companies need a greater ability to defend themselves against short sellers. Retailers will benefit from increased transparency and understanding of the true risk of their investments. If funds are allowed to short sell in the dark, retail investors remain dangerously unaware of the risks they take on when purchasing securities. I'm in favor of these rules to protect the future of my children, securities lending activity can hide massively destructive chains of obligation that can even be a threat to national security, and so transparency in this area is more important than ev er.