April 20, 2022
I am writing this comment to STRONGLY oppose this rule. As an individual retail investor, I have watched as wall street fails to deliver, naked shorts companies into the ground and they are never held accountable. This is another rule for these hedge funds, brokers, banks and clearing houses to continue failing to deliver with zero accountability. If someone were to create a counterfeit $20 bill, they could face upwards of 15 years in prison. If a market maker, hedge fund or broker counterfeits shares and make millions/billions, they may pay a small fine as long as they promise not to do it again. The game needs to stop. Look at our economy This insane greed is going to destroy us and rob the future generations. If they broke the law or counterfeited shares, they need to pay the price for their wrong doing. These rules are just a way for them to get out of being held accountable yet again.