Nov. 10, 2022
November 10, 2022 I am an individual investor in strong support of SEC's proposed rule 10c-1 Reporting of Securities Loans. Individual transaction reporting is extremely important given inherent delays for accurate data. I am hopeful this proposed rule eliminates the ability to hide within the aggregate -- aggregates are not transparent. This rule will help prevent additional fraud and increase the transparency of our markets. Individual retail investors can use the information this rule would provide, to better understand risk. If funds are allowed to short in the dark, retail investors remain dangerously unaware of the risks they take on when purchasing securities. More timely reporting allows for more timely reactions while slower reporting prevents retail investors from protecting themselves from abusive and predatory short selling practices.