April 20, 2022
SEC,
This rule only seems to help further muddy the transparency that is the markets. This rules helps out market makers with these new SFTs which will help with the already problematic naked shorting and FTDs of securities. Why are all these rules being created to help the already problematic markets? We need more transparency and action taken against FTD and naked shorting, not help hide and enhance their ability to do it.
This proposed rule is harmful to the already disadvantaged retail traders.
Regards