Oct. 30, 2022
October 30th, 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 support the rule. I support the 15 minute intraday reporting requirements. The setup costs of introducing this rule would be minimal compared to the benefit gained. Financial institutions can access the data when retail investors borrow securities. Forcing everyone to report their borrowing would bring the information gap closer. Additionally the SEC would stand to gain the data collected. They would be able to identify abusive short sellers far more easily. If the SEC stands to protect investors, then being able to detect abusive short sale practices (which have been ignored for years) would be in their best interest. Sincerely, A Concerned Investor