Oct. 31, 2022
October 31, 2022 I am writing in strong support of rule 10c-1, Reporting of Securities Loans\". Trust and transparency are vital to investor confidence and to capital formation. This rule would significantly increase investor confidence in knowing what securities are being lent and by who. Right now, there is no way for a retail investor to access that information. This rule would increase knowledge of securities lending and would help to level the incredibly uneven playing field that has enabled dishonest institutions to play games in the dark with securities lending. If you're doing the right thing then there is no need to hide it, so let's bring it all into the light.