April 22, 2022
I firmly believe the filing is not in the best interest of retail investors or the future of the market for the following reasons. This ruling allows market makers and or banks to essentially create synthetic shares by opening naked short positions through an A.T.S. that only the market makers have access to C.N.S. to avoid failure to delivers and or fire sales. This is in my opinion is manipulation through the O.T.C. market. I understand the concern of fire sales but how about not allowing them to overleverage themselves to this extent. This ruling will create liquidity that is not there. Just let these hedgefunds,banks etc. receive their margin calls and default to pay for what they've done.