Apr. 20, 2022
Dear sirs and madams, I think it is important that you all strike down this rule change proposal. This rule removes any and all risk in naked shorting performed by hedge funds and large investors. As a retail investor I take on all the risk of my good and bad calls and every investor, individual or institutional should be beholden to the nature of the free market. Those companies who have overextended themselves should not be allowed to continue to do so. It’s borderline criminal. To allow this would be to allow them to continue to manipulate the markets endlessly by ending any sort of consequence for naked short selling or purchasing options that aren’t beneficial. It is your duty to the American people and the free market to prevent this rule change. Regards, Adam Simpson