Subject: S7-18-21: WebForm Comments from Jordan Dormido
From: Jordan Dormido
Affiliation:

Oct. 17, 2022

October 17, 2022

 The proposed rule Securities Lending Transparency needs to go through because transparency is important to hold market makers such as Citadel responsible and to prevent rampant market corruption. The creation of millions of phantom shares will break the market if such actions are only punished with comparatively tiny fines.