April 20, 2022
This proposal, if enacted, would actively incentivize fraudulent market behavior by opening up a loophole in which covering Failed To Deliver Shares would no longer be reflected in the price of a security. The changes in this proposal can and will be abused by bad actors in an effort to further negate accurate price discovery, to the great detriment of all retail investors.
This creates a market only viable for commercial investors in which turn redirects the supposed \"free market\" into a premeditated trading exchange which is illegal.