Dear SEC, I stand behind full transparency in the securities lending within our markets, securities lending (for shorting purposes) has become extremely unhealthy for the markets as is being abused on a daily basis by large financial institutions hedge funds and market makers alike.
This practice has become such an infestation within a supposed free and fair market that it is now as a direct result an attack on good healthy companies which also amounts to a direct attack on not just the US economy and but an attack on the global financial economy as a whole, which also hinders progress for the species as we evolve stunting innovation and the betterment of technology and humanity.
I fully agree that the securities lending program should be FULLY TRANSPARENT which will help to stop the abusive attacks on the unfortunate companies that become targeted by such behaviour which have time and time again caused enormous damage to the global financial markets and the progress of technology, innovation and the betterment of humanity.
The abusers of securities lending will not be able to continue the associated illegal practices such as naked shorting and other similar practices if there is nowhere to hide their detrimental and legal misdeeds, Full Transparency in the market place will restore actual price discovery for companies which can only be a good thing good for the markets, it will end the price manipulation and help to restore investor confidence in the market place. End the corruption and illegal manipulation now through passing the full securities lending transparency proposed rule.