April 20, 2022
As a retail investor I am opposed to this proposed rule change. I feel this will not reduce the 'naked shorts' as stated but increase the ability to short a company stock while reducing the capital requirements that exist today. Furthermore, this proposal would allow bad players to continue a short manipulation while being protected from a traditional 'short squeeze'. This proposal would decrease the ability of retail investors to operate on a level playing field, reduce margin constraints that exist today and protect bad actors who short stock. This proposal is bad for retail investors and the overall retail sector and would increase the dissatisfaction level of retail investors thus driving us out of the market that fails to protect us.