Apr. 20, 2022
To Whom It May Concern, As a Retail Investor, the subject rule being proposed does not benefit or protect me in any way. FTDs (Failure To Deliver) are already a big problem within the market and implementing this rule would make it considerably worse. I’d like to believe that the SEC is here to protect investors as it is stated in their mission statement, but some of the recent proposals that have been brought forward, leads me to believe that the SEC is failing investors and benefitting the big players on Wall Street. I would very much like to see this proposal DOA (Dead on Arrival) and for the Commission to consider not implementing rules like this ever again. I believe it benefits everyone to be as transparent as possible and for all parties involved to meet their obligations. Thank you for your time.