Oct. 08, 2022
October 8, 2022 I strongly support this rule. Presently there is very little transparency and far too much leeway for short-sellers to operate in the dark, which impairs price discovery and aids swindling a large voter base (retail investors). The SEC can be remade if it does not fulfill its function and actively abets large funds against a large voter base. Current rules allow more protection for short sellers than long investors, to the point that short selling and stock lending can be and are used to alter prices lower instead of preserving free market price discovery. This rule (S7-18-21) would help inhibit egregious short selling activity and would be a great step towards the SECs stated goals of facilitating fair and efficient markets, as well as more balanced capital formation. If you continue to align against average Americans politicians can be elected with binding legal contracts to vastly rewrite the foundation of this country guaranteeing America becomes more socialist and one day markets can just be outlawed since they don't reflect free trade. I am not opposed to supporting jailing reporters or regulators in the future when the political environment allows.