December 16, 2021
I support this rule. The opaqueness of the U.S. market makes for an unfair playing ground. It seems like the big guys can bend the rules and make themselves win. Like many other commenters, I'd like to point out that this rule should've been passed a long time ago. There should be no hesitation from the SEC to prohibit fraud and manipulation.
I'd like to add that it concerns me that there are 2 commissioners (Hester Pierce and Elad Roisman) who are actively working against financial transparency, market stability, market fairness, and the interests of all retail investors as shown here:
Granting relief to organizations who defraud investors:
https://www.sec.gov/news/public-statement/peirce-statement-credit-suisse-102021
Whistleblower rules amendments:
https://www.sec.gov/news/public-statement/peirce-roisman-staff-report-2021-10-18
Giving exemptions to specific market participants from OTC disclosures. It is unfair that some market participants are exempt from these disclosures, and we are certain that it's being used unfairly within their strategy to naked short and bankrupt companies:
https://www.sec.gov/news/statement/peirce-roisman-falling-further-back-121321