Apr. 20, 2022
To whom it may concern, I cannot comprehend how this insane company of yours seems to work. Unfortunately, us retail investors are being pummeled left and right by abusive naked short selling and what you are worried with is making sure that they can get away scoff free? This is more than neglect, I do not see how the SEC or any other governing body is able to manage such incompetence on your behalf.You have failed as your duty as regulator, and I know I am not alone, when I say that he SEC is a miserable shell of what it used to be, if it continues on this path.There is a way to redeem yourselves, by actually making meaningful decisions to PROTECT retail investors instead of trying to shif the blame their way. I've read every single page of legal speak in the file and it is very clear what this rule proposes. This rule would increase avoidance of true market price discovery through onward lending. It also removes the infinite risk of naked shorting entirely, and in so doing the deterrent of engaging in what is supposed to be very risky business practice. It's all upside for market makers which excessively naked short securities, and all downside for those on the wrong side of their shorting. How does this rule contribute to a "fair" market by any means...? I don't see it. With all due respect, do your damn job. Yours sincerely, Wessel Jaegers