April 22, 2022
my comments in-regards to rule (801) are as
the verbiage used in said rule opens the opportunity for overleveraged hedge funds to bypass their obligations as it relates to failures to deliver(FTD),When and if the accountability is removed from organizations to meet their fiduciary responsibilities it will lead to unchecked short selling and naked shorting and potentially illegal actions. As a retail investor the verbiage and implications of this are not representative of a free and fair market and I find this potential ruling unacceptable this verbiage is obviously designed to protect the short seller and not the retail investor. If this ruling would move forward it would continue to create distrust within our market and continue to undermine the opportunity for a free and fair market and furthering the divide between the 1% and the 99% and may cause a call to activism. please consider this moving forward, if this was to pass it would appear to be an attempt at more unchecked crony capitalism witch has no place in free and fair market