Subject: S7-18-21: WebForm Comments from JB Rudisill
From: JB Rudisill
Affiliation:

Aug. 16, 2022

August 16, 2022

 I support transaction-by-transaction and 15 minute reporting requirements. These regulations will add transparency to protect retail investors by providing insight into market risks where larger institutions could benefit against less informed investors. If large institutions can short via dark pools, retail investors are precariously unaware of the risks involved with an associated investment. With increased transparency for short transactions, retail investors would become a new front-line reporting entity, effectives researching important investments and reporting securities fraud. This would strengthen the SEC by removing the burden of being responsible for monitoring all of that data.
Increased transparency will also remove dangers of untracked lending chains, which, as of late, have proven to increase national economic fragility. Unmonitored lending activities could hide insidiously destructive obligation chains that could severely disrupt our economic station. It is the SEC's responsibility to protect the people from issues such as these, and so transparency is now more important than it's ever been.