Oct. 08, 2022
October 8, 2022 October 8th, 2022 Vanessa Countryman, Secretary Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-0609 Re: Reporting of Securities Loans (File No. S7-18-21) Dear Secretary Countryman: I am writing in strong support of rule 10c-1, Reporting of Securities Loans. I believe it is in the best interest for investors to have true transparency into the market and its dealings. I fully support reporting of every transaction made. I am in support of the 15 minute reporting requirement. Short selling and stock lending practices need to be fully disclosed and reported if these practices are going to be allowed in our markets. The cost and effort of this reporting will help prevent fraud and the use of loopholes for back door dealings. This reporting will also promote true price discovery. Companies can be confident that their stock price will be safeguarded from manipulation by predatory short selling. In my opinion, short selling should not be a part of the market system. It is not investing in something, but rather gambling on the failure of a company and diluting their share price in doing so. Our markets would be much safer and less volatile if short selling didnt exist. The reporting information of rule 10c-1 will help make the markets more fair for those that want to participate in them.Thus giving us a more robust market structure. Sincerely, Albert Moore A Concerned Investor