Apr. 20, 2022
Hi This is not in the interest of retail investors. The market already lacks transparency and further lacks accountability for large institutions. This rule would increase the avoidance of normal and natural price discovery through onward lending. It also completely negates any risk for naked shorts and will give free reign for large institutions to manipulate the market for personal gain. Please listen and support retail, as that is what the free market is meant to be for! The only reason I can conclude for why this is being proposed is that the SEC is looking to help large institutions whilst fleecing the public like in 2008. Please take a look at who is proposing this and their reasons for doing so, I believe you will find corruption and conflicts of interest as plain as day. Kind Regards Ricky